Thursday, June 02, 2011

U.S. freight carload traffic holds firm: AAR

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U.S. freight carload traffic for the week ending May 28, 2011 edged up 0.7%, the Association of American Railroads said Thursday. Intermodal volume for the week did even better, up 4.2% compared with the same week in 2010.

aar_logo.jpgAAR noted only seven of the 20 carload commodity groups it identifies posted increases from the comparable week in 2010. Leading gainers included metallic ores, up 48.9%, grain, up 18.%5, and lumber and wood products, up 13.7%. Declining groups were led by primary forest products, down 23.1%, farm products excluding grain, down 19.7%, and nonmetallic minerals, down 15.4%.

Canadian freight carload traffic gained significantly, up 6.5% from last year, lthough Canadian intermodal slipped a modest 0.1%. Mexican freight carload traffic declined 10.7% compared with the same week last year, but intermodal rose 29.4%.

Combined North American freight carload volume for the first 21 weeks of 2011 on 13 reporting U.S., Canadian, and Mexican railroads was up 2.9% compared with the same point last year, while intermodal notched a 7.7% gain compared with last year.

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