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2/23/2017



Rail News: Rail Industry Trends

U.S., Canadian railroads report higher traffic in Week 7


For the week ending Feb. 18, U.S. railroads reported moving 531,123 carloads and intermodal units, a 6.8 percent increase compared with traffic moved during the same week in 2016, according to the Association of American Railroads (AAR).

Carloads for the week totaled 263,620 units, a 7.6 percent increase compared with the same week last year. U.S. intermodal volume rose 6 percent to 267,503 containers and trailers during the week compared with a year ago.

Seven of the 10 carload commodity groups that AAR tracks each week logged increases for the seventh week in 2017 compared with 2016. They included coal, up 18.6 percent to 90,927 carloads; nonmetallic minerals, up 11.1 percent to 33,732 carloads; and miscellaneous carloads, up 10.6 percent to 9,292 carloads.

Commodity groups that posted decreases during the week included motor vehicles and parts, down 10.3 percent to 17,590 carloads; petroleum and petroleum products, down 3.7 percent to 9,878 carloads; and forest products, down 3.2 percent to 10,113 carloads.

Canadian railroads also posted volume increases during Week 7, with 79,323 carloads, up 15.4 percent, and 62,100 intermodal units, up 8.6 percent compared with the same week in 2016. Mexican railroads didn't fare as well, however. They reported reported 15,784 carloads for the week, down 4.1 percent compared with the same week last year, and 11,857 intermodal units, up 9.5 percent.

For the first seven weeks of the year, U.S. railroads moved cumulative volume of 1,783,857 carloads, up 5 percent from the same point last year; and 1,824,812 intermodal units, up 0.5 percent from last year. Total U.S. traffic for the first seven weeks of 2017 was 3,608,669 carloads and intermodal units, up 2.7 percent compared to last year.

For the first seven weeks of 2017, Canadian railroads moved 970,835 carloads, containers and trailers, up 7.4 percent. Mexican railroads moved 175,671 carloads and intermodal containers and trailers, down 7.3 percent from the same point last year.
 



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