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US weekly rail traffic sees small increase

 

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Dry Bulk,

The Association of American Railroads (AAR) has reported on the latest US rail traffic data for the week ending 6 July 2024.

For the week, total US weekly rail traffic was 421 817 carloads and intermodal units, up 3.3% compared with the same week in 2023.

Total carloads for the week ending 6 July were 195 030 carloads, down 1.2% compared with the same week in 2023, while US weekly intermodal volume was 226 787 containers and trailers, up 7.6% compared to 2023.

Seven of the 10 carload commodity groups posted an increase compared with the same week in 2023. They included grain, up 4702 carloads, to 17 486; chemicals, up 2017 carloads, to 30 552; and forest products, up 803 carloads, to 7955. Commodity groups that posted decreases compared with the same week in 2023 were coal, down 7804 carloads, to 50 700; non-metallic minerals, down 3326 carloads, to 26 710; and motor vehicles and parts, down 214 carloads, to 10 646.

For the first 27 weeks of 2024, US railroads reported cumulative volume of 5 764 404 carloads, down 4.4% from the same point in 2023; and 6 869 897 intermodal units, up 8.6% from 2023. Total combined US traffic for the first 27 weeks of 2024 was 12 634 301 carloads and intermodal units, an increase of 2.3% compared to 2023.

North American rail volume for the week ending 6 July 2024, on 10 reporting US, Canadian and Mexican railroads totalled 299 444 carloads, up 0.4% compared with the same week in 2023, and 304 920 intermodal units, up 16.7% compared with 2023. Total combined weekly rail traffic in North America was 604 364 carloads and intermodal units, up 8.0%. North American rail volume for the first 27 weeks of 2024 was 17 781 131 carloads and intermodal units, up 2.3% compared with 2023.

Canadian railroads reported 89 296 carloads for the week, up 6.8%, and 66 515 intermodal units, up 71.5% compared with the same week in 2023. For the first 27 weeks of 2024, Canadian railroads reported cumulative rail traffic volume of 4 344 255 carloads, containers and trailers, up 1.6%.

Mexican railroads reported 15 118 carloads for the week, down 11.6% compared with the same week in 2023, and 11 618 intermodal units, down 0.4%. Cumulative volume on Mexican railroads for the first 27 weeks of 2024 was 802 575 carloads and intermodal containers and trailers, up 7.0% from the same point in 2023.


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