Thursday, October 08, 2009

Total rail volume off 16.6% in latest week

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The Association of American Railroads reported Thursday that total volume on U.S. railroads for the week ending Oct. 3 was an estimated 29.7 billion ton-miles, off 16.6% from the corresponding week last year.

Railroads originated 277,734 carloads, down 17.2%. All 19 commodity groups lost ground, with declines ranging from 2.7% for chemicals to 53.2% for metallic ores.

Intermodal traffic added up 206,293 trailers and containers, down 15.7%. Container volume fell 10% and trailer volume was off 37%.

Regionally, carload traffic were down 16.4% in the West and 18.3% in the East.

Canadian railroads reported volume of 73,377 carloads, down 7.3% from last year, and 43,724 trailers and containers, down 15.6%. Mexican railroads originated 12,597 carloads, down 0.9%, and 7,593 trailers and containers, down 3.4%.

Combined North American rail volume for the first 39 weeks of 2009 on 13 reporting U.S., Canadian, and Mexican railroads totaled 13,204,334 carloads, down 18.8% from last year, and 9,139,639 trailers and containers, down 16.7%.