CSX - U.S. weekly rail traffic jumps 11.6% year-over-year
2024-02-07 13:51:31 ET
- The Association of American Railroads [AAR] reported on Wednesday that for the week ending February 3, 2024, U.S. rail traffic was 491,697 carloads and intermodal units, up 11.6% year-over-year.
- Total carloads for the week up 6.3% to 222,213 carloads, while U.S. weekly intermodal volume was 269,484 containers and trailers, rising 16.5%.
- All of the 10 carload commodity groups posted a year-over-year increase for the week. They include coal, motor vehicles and parts, and metallic ores and metals.
- North American rail volume for the week, on 12 reporting U.S., Canadian and Mexican railroads was 328,148 carloads, up 4.7% year-over-year, and 352,559 intermodal units, up 15.4%.
- Canadian railroads reported 91,685 carloads for the week, up 1.8%, and 72,643 intermodal units, up 12.7%.
- Mexican railroads reported 14,250 carloads for the week, up 0.4%, and 10,432 intermodal units, up 8.6%.
- 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 )