North American Rail Traffic Rose 8.6% in Week Ended Jan. 16
21 January 2021 - 5:28AM
Dow Jones News
By Colin Kellaher
North American rail traffic rose 8.6% last week, continuing a
strong start to the new year, data from the Association of American
Railroads showed.
Carload volume rose 4.2% for the week ended Jan. 16 on a dozen
reporting U.S., Canadian and Mexican railroads, while intermodal
traffic rose 12.9% compared with last year, the trade group said
Wednesday.
In the week ended Jan. 9, North American rail traffic rose 3%.
For the first two weeks of the year, North American rail traffic
was up 5.8%.
The AAR said U.S. rail traffic rose 5.8% last week, as a 12.8%
increase in the volume of intermodal containers and trailers more
than offset a 2% decline in carloads. U.S. rail traffic is up 5.2%
for the first two weeks of the year.
Canadian rail traffic surged 22.7% last week, with a 23.9% jump
in carloads and a 21.3% rise in intermodal volume. Canadian rail
traffic is up 11.3% for the first two weeks of the year.
Mexican rail traffic slipped 2.4% last week, as a 14.4% drop in
intermodal units offset an 8.4% rise in carloads, the AAR said.
Mexican rail traffic is down 7.7% for the first two weeks of the
year.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 20, 2021 13:13 ET (18:13 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Norfolk Southern (NYSE:NSC)
Historical Stock Chart
From Sep 2024 to Oct 2024
Norfolk Southern (NYSE:NSC)
Historical Stock Chart
From Oct 2023 to Oct 2024