North American Rail Traffic Rose 7.6% in Week Ended Sept. 5
September 09 2020 - 2:43PM
Dow Jones News
By Colin Kellaher
North American rail traffic rose 7.6% last week amid a surge in
intermodal volume and a smaller decline in carloads, data from the
Association of American Railroads showed.
Carload volume fell 4.8% for the week ended Sept. 5 on 12
reporting U.S., Canadian and Mexican railroads, while intermodal
traffic jumped 20.8%, the trade group said Wednesday.
In the week ended Aug. 29, North American rail traffic fell 7%.
For the first 36 weeks of the year, North American traffic is now
down 10.5%, compared with a year-to-date decline of 11% reported a
week earlier.
The AAR said U.S. rail traffic rose 8.6% last week, as a 24.8%
jump in intermodal units more than offset a 6.9% decline in
carloads. U.S. rail traffic is now down 11.3% for the year to date,
the AAR said, compared with a decline of 11.8% reported a week
ago.
Canadian rail traffic rose 5.6% last week amid an 11.3% rise in
intermodal units and a 0.7% gain in carloads. Canadian rail traffic
is down 8.2% for the first 36 weeks of the year.
Mexican rail traffic rose 1.4% for the week amid, as intermodal
units rose 4% while carloads edged down 0.9%. Mexican rail traffic
is down 9.5% for the year so far, the AAR said.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 09, 2020 14:28 ET (18:28 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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