UNP - U.S. weekly rail traffic jumps 3.4% year-over-year

2023-11-15 17:43:06 ET

• The Association of American Railroads [AAR] reported on Wednesday that for the week ending November 11, 2023, U.S. rail traffic was 497,348 carloads and intermodal units, up 3.4% year-over-year.
• Total carloads for the week rose 2.3% to 233,745 carloads, while U.S. weekly intermodal volume was 263,603 containers and trailers, rising 4.4%.
• Seven of the 10 carload commodity groups posted a year-over-year increase for the week. They included coal, motor vehicles and parts, and metallic ores and metals.
• Commodity groups that fell year-over-year for the week included nonmetallic minerals, farm products excl. grain, and food, and chemicals.
• North American rail volume for the week, on 12 reporting U.S., Canadian and Mexican railroads was 347,446 carloads, up 4.5% year-over-year, and 345,647 intermodal units, up 3.2%.
• Canadian railroads reported 96,878 carloads for the week, up 6.9%, and 69,605 intermodal units, down 5.9%.
• Mexican railroads reported 16,823 carloads for the week, up 25.9%, and 12,439 intermodal units, up 45.5%.
• 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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