North American Rail Traffic Fell 0.6% in Week Ended May 4
May 08 2019 - 12:59PM
Dow Jones News
By Colin Kellaher
North American rail traffic fell 0.6% last week, as a decline in
intermodal units more than offset a rise in the volume of carloads,
the Association of American Railroads said Wednesday.
Carload volume for the week ended May 4 on 12 reporting U.S.,
Canadian and Mexican railroads rose 1.3%, while intermodal traffic
fell 2.6%, the trade group said.
North American rail traffic was 1.5% lower in the week ended
April 27. For the first 18 weeks of the year, North American volume
is down 1.2%.
The AAR said U.S. rail traffic fell 2% last week amid a 4.9%
decline in the volume of intermodal containers and trailers.
Carloads rose 1% for the week, as shipments of coal, the biggest of
the 10 carload commodity groups tracked, jumped 8.6%.
U.S. rail traffic is down 1.9% for the year to date, the AAR
said.
The group said rail traffic rose 3.5% in Canada last week, with
carloads up 3.3% and intermodal units rising 3.7%.
Rail traffic turned positive in Mexico last week after three
weeks of declines, as an 11.3% rise in intermodal volume more than
offset a 2.7% drop in carloads, resulting in overall growth of 3.3%
for the week.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
May 08, 2019 12:44 ET (16:44 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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