Thursday, September 16, 2010

AAR: Traffic slowed during holiday week

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The Association of American Railroads Thursday said U.S. freight carload traffic slowed duringthe Labor Day holiday; while traffic rose 5.1% compared with the same week in 2009, it was down 15.5% compared to the same week in 2008. The comparison weeks from 2010 and 2009 included the Labor Day holiday, while the comparison week from 2008 did not, AAR noted.

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Fifteen of the 19 carload commodity groups increased from the comparable week in 2009, led by metallic ores, up 129.9%, and farm products excluding grain, up 38.7%. Three carload commodity groups, led by farm products excluding grain, posted an increase over the 2008 comparison week.

U.S. intermodal advanced 18.1% from the same week in 2009, but was down 12.7% compared with 2008.

Canadian freight carload traffic was up 12% from last year, while intermodal gained 23%. Mexican railroads reported freight carload traffic rose 24.5%, while intermodal advanced 9.1%.

Combined North American rail volume for the first 36 weeks of 2010 on 13 reporting U.S., Canadian, and Mexican railroads was up 9.9% from the 36 weeks of 2009, while intermodal notched a 15.1% increase.