BIPC - U.S. railroads traffic declines 4.9%; British Columbia floods disrupt supply chain

The Association of American Railroads (AAR) reports total weekly US rail traffic down 4.9% Y/Y to 508,309 carloads and intermodal units for the week ending November 20, 2021. Carloads up 1.6% to 237,244; intermodal volume down 10% to 271,065 containers and trailers when compared to the same period last year. 6 of the 10 carload commodity groups posted an increase with metallic ores and metals, up 1,838 carloads, to 21,524; coal, up 1,780 carloads, to 64,719; and chemicals, up 1,437 carloads, to 34,174. Commodity groups that posted decrease included miscellaneous carloads, down 1,009 carloads, to 9,064; motor vehicles and parts, down 887 carloads, to 14,690; and grain, down 710 carloads, to 24,494. For the first 46 weeks of 2021, U.S. railroads reported cumulative volume of 10,665,348 carloads, up 7.1% from the same point last year; and 12,695,960 intermodal units, up 6.7%. Region-wise weekly data: North America, 667,778 carloads and intermodal units (-8.7%); Canadian railroads, 73,037 carloads (-12%) and 52,947  intermodal units (-32.7%); Mexican railroad, 19,117 carloads (-7.2%) and 14,368 intermodal units (-0.6% Y/Y). Related tickers:  Canadian Pacific Railway (NYSE:CP),

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U.S. railroads traffic declines 4.9%; British Columbia floods disrupt supply chain