Friday, October 30, 2009

U.S. carload traffic logs another decline

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U.S. carload traffic fell 14.8% for the week ended October 24, compared with the same week a year ago, the Association of American Railroads reported. Carloads in the West and the East both were down 14.8% compared with the same period one year ago. Total volume on U.S. railroads for the week ending October 24, 2009 was estimated at 31.1 billion ton-miles, down 13.4%. U.S. intermodal traffic fell 10.1% from a year ago.

Canadian railroads reported carload volume declined 9.9% from last year, while intermodal traffic was down 13%. Mexico’s two major railroads reported carload volume slipped 2% from the same week last year, while intermodal slid 6.5%.

Combined North American rail volume for the first 42 weeks of 2009 on 13 reporting U.S., Canadian, and Mexican railroads was down 18.4% from the comparable 2008 time span, while intermodal volume fell 16.3% short of last year’s levels.