Thursday, July 01, 2010

Freight traffic “remains steady,” AAR says

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U.S. freight carload traffic for the week ending June 26, 2010 advanced 11.4% from the corresponding week in 2009, the Association of American Railroads said Thursday. AAR categorized the week’s traffic as “steady” since the comparison with the corresponding week of 2008 shows traffic still down 13.2%.

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U.S. intermodal traffic gained 20.5% during the week compared to a year ago, and was down just 1.1% compared to the 2008 period.

Seventeen of the 19 carload commodity groups increased from the comparable week in 2009, with metallic ores up 172.2%, metals and metal products up 75.4%, and motor vehicles and equipment up 55.2%. Four of the commodity groups—including farm products, metallic ores, and nonmetallic minerals—posted an increase over 2008 levels, AAR said.

Canadian freight carload traffic rose 18.1%, while intermodal gained 22.4% from the comparable week one year ago. Mexican freight carload traffic rose 20.2%, while intermodal jumped 61.7%.

Combined North American rail volume for the first 25 weeks of 2010 on 13 reporting U.S., Canadian, and Mexican railroads was up 10.4% from 2009’s first 25 weeks, while intermodal rose 12.9% compared with the first 25 weeks of 2009.