Thursday, April 11, 2013

U.S. freight traffic gains as April begins

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U.S. freight carload traffic for the week ending April 6, 2013 gained ground, up 3.7%, measured against the comparable week in 2012, the Association of American Railroads said Thursday. U.S. intermodal volume also advanced, though more modestly, up 0.2%, from the comparable week last year. Total U.S. traffic for the week was up 2.1%.

Eight of the 10 carload commodity groups AAR measures posted increases compared with the same week in 2012, including petroleum and petroleum products, up 52.9%, and nonmetallic minerals and products, up 10.9%. Grain led the commodities with lesser totals, down 14.2%.

Canadian freight carload volume rose 8.9% for the week ending April 6 over the comparable week in 2012. Canadian intermodal volume rose 3.1%. Mexican freight carload volume for the week was up 22.4% compared with the same week one year ago, while Mexican intermodal advanced 2.3%.

Combined North American freight carload volume for the first 14 weeks of 2013 on 13 reporting U.S., Canadian, and Mexican railroads was down 1% measured against the comparable period in 2012. Combined North American intermodal volume, by constrast, was up 4.8%.

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