Progressive Railroading

RAIL EMPLOYMENT
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry


All fields are required.





Rail News Home Rail Industry Trends

11/13/2003



Rail News: Rail Industry Trends

Same statistical story: Intermodal traffic's up, carloads remain flat - AAR data


Other than the anticipated pre-holiday intermodal uptick, the North American freight railroad set didn’t have too much to write home about last week, particularly on the carload front.

For the week ending Nov. 8, major U.S. and Canadian railroads originated 405,515 carloads, a 1.5 percent increase compared with the same week in 2002, according to statistics issued by the Association of American Railroad’s Policy and Economics Department. A 3.8 percent hike in automotive traffic (26,513 carloads compared with 25,539 for the same 2002 period) helped neutralize a 3 percent decline in coal (129,087, compared with 133,108 in the same 2002 period).

Only three of the seven Class Is posted weekly carload growth: CSX Transportation (up 1.5 percent), Union Pacific Railroad (up 0.6 percent) and Canadian Pacific Railway (up 0.6 percent).

For 2003's first 45 weeks, major freight roads originated 17,502,288 carloads, a 0.1 percent decline compared with the same 2002 period.

Intermodal traffic continues to be freight rail’s best friend, as U.S. and Canadian roads originated 255,684 units for the week ended Nov. 8, a 9.1 percent increase compared with the same 2002 period. U.S. roads originated 59,768 trailers, an 11.8 percent increase, and 150,350 containers, an 8.7 percent increase, compared with the same week last year.

While Canadian roads recorded 4,300 trailers, an 11.8 percent decline compared with the same 2002 period, they originated 41,266 containers, a 9.2 percent increase.

For 2003’s first 45 weeks, major U.S. and Canadian roads originated 10,495,928 intermodal units, a 6.6 percent increase compared with the same period last year.

In Mexico, the lone road reporting to AAR — TFM S.A. de C.V. — had a tough week on the carload side, particularly with respect to automotive business. TFM originated 8,363 carloads, a 6 percent decline compared with the same 2002 period. TFM originated 1,913 motor vehicle and equipment carloads, a 16.8 percent decline compared with the same period last year.

Intermodal originations, too, were down: TFM originated 3,442 units, a 6 percent decline compared with the same 2002 period.

For 2003’s first 45 weeks, TFM carried 11,040 carloads, a 0.3 percent increase compared with the same period last year. The railroad carried 167,558 intermodal units, a 1.0 percent increase compared with the same 2002 period.







Contact Progressive Railroading editorial staff.

More News from 11/13/2003