Vansh Agarwal,
- The Association of American Railroads [AAR] reported on Wednesday that for the week ending December 30, 2023, U.S. rail traffic was 370,800 carloads and intermodal units, up 3.4% year-over-year.
- Total carloads for the week rose 4.1% to 182,062 carloads, while U.S. weekly intermodal volume was 188,738 containers and trailers, rising 2.7%.
- Six of the 10 carload commodity groups posted a year-over-year increase for the week. They included chemicals, farm products excl. grain, and food, and petroleum and petroleum products.
- Commodity groups that fell year-over-year for the week included motor vehicles and parts, miscellaneous carloads, and nonmetallic minerals.
- North American rail volume for the week, on 12 reporting U.S., Canadian and Mexican railroads was 270,807 carloads, up 5% year-over-year, and 254,475 intermodal units, up 3.8%.
- Canadian railroads reported 75,463 carloads for the week, up 9.9%, and 56,220 intermodal units, up 6.4%.
- Mexican railroads reported 13,282 carloads for the week, down 8.1%, and 9,517 intermodal units, up 13.1%.
- Related Tickers: Canadian Pacific Railway (CP), Canadian National Railway (CNI), CSX Corp. (CSX), and Union Pacific (UNP), Berkshire Hathaway (BRK.A) (BRK.B), Norfolk Southern (NSC), and Brookfield Infrastructure Partners (BIP) (BIPC)
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