Thursday, July 29, 2010

Rail traffic tops '09 but still trails '08

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The Association of American Railroads reports that U.S.railroads originated 286,854 carloads for the week ending July 24, up 4.7% from the same week in 2009 but down 13.5% from 2008.

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Intermodal traffic continued to show strength, totaling 230,443 trailers and containers in the latest week, up 19.2% from a year agoand down only 2.1% from 2008.

Fifteen of the 19 carload groups increased from the comparable week in 2009, led by metallic ores, up 56.3%; metals and products, up31.2%motor vehicles and equipment, up 29%; and farm products excluding grain, up 25.8%. Farm products excluding grain was the only commodity group to post an increase over 2008 levels; it was up 5.6%.

Canadian railroads reported volume of 73,375 cars for theweek, up 18.9% from last year, and 45,904 trailers and containers, up 9.7%. Mexican railroads originated 13,152 carloads, up 12.9% from the same week last year, and 6,243 trailers or containers, up 7.9%.

Combined North American rail volume for the first 29 weeksof 2010 on 13& reporting U.S., Canadian, and Mexican railroads added up to 10,652,140 carloads, up 10.2% from last year, and 7,601,774 trailers and containers, up 13.9%.