North American Rail Traffic Fell 20.9% in Week Ended May 16
20 Mayo 2020 - 12:52PM
Noticias Dow Jones
By Colin Kellaher
North American rail traffic plunged 20.9% last week, with U.S.
carloads posting their biggest drop on record amid continued
economic chaos sparked by the coronavirus pandemic, data from the
Association of American Railroads showed.
Carload volume plummeted 29.2% for the week ended May 16 on 12
reporting U.S., Canadian and Mexican railroads, with double-digit
declines across eight of the 10 commodity groups tracked.
Intermodal traffic fell 12.3% for the week, the trade group said
Wednesday.
In the week ended May 9, North American rail traffic was down
20.5%. For the first 20 weeks of the year, North American traffic
is down 11%, compared with a year-to-date decline of 10.4% reported
a week earlier.
The AAR said U.S. rail traffic fell 22% last week, as carloads
tumbled 30.2% for the biggest year-over-year weekly decline since
1988, when the group's data began. The volume of intermodal
containers and trailers fell 14%.
U.S. rail traffic is now down 12.5% for the year to date, the
AAR said, compared with a year-to-date decline of 11.9% reported a
week earlier.
Canadian rail traffic fell 15.7% last week, as carloads slumped
25.4% and intermodal units fell 3.7%. Canadian rail traffic is down
6.7% for the first 20 weeks of the year.
Mexican rail traffic tumbled 27.1% for the week, with carloads
sliding 32.3% and intermodal units falling 20.9%. Mexican rail
traffic is now down 7.8% for the year, the AAR said.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
May 20, 2020 13:37 ET (17:37 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Canadian National Railway (TSX:CNR)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024
Canadian National Railway (TSX:CNR)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024