NSC - US railroad traffic reports 1% drop in weekly rail traffic

The Association of American Railroads (AAR) reported U.S. weekly rail traffic (for week ending Apr.9, 2022) of 508,343 carloads and intermodal units, which is down 1% compared with prior week. Total carloads for the week stood at 236,459 carloads, up 1.4%compared with the same week in 2021, while U.S. weekly intermodal volume was 271,884 containers and trailers, down 3.1% compared to 2021. Coal (up 3,519 carloads, to 65,725), motor vehicles and parts (up 1,320 carloads, to 13,352), chemicals (up 1,185 carloads, to 35,152) posted an increase W/W; 6 of the 10 carload commodity groups posted an increase. Commodity groups that posted decreases compared with the same week in 2021 included petroleum and petroleum products, down 2,107 carloads, to 9,319; metallic ores and metals, down 1,753 carloads, to 20,711. For first 14 weeks of 2022, U.S. railroads reported 2.5% Y/Y growth in carloads cumulative volume and 6.6% drop in intermodal units; total combined U.S.

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US railroad traffic reports 1% drop in weekly rail traffic