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Economy

Rail Traffic for the Week Ending October 10, 2020

Source: https://www.aar.org/news/rail-traffic-for-the-week-ending-october-10-2020/

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 10, 2020.

For this week, total U.S. weekly rail traffic was 520,452 carloads and intermodal units, up 1.9 percent compared with the same week last year.

Total carloads for the week ending October 10 were 230,964 carloads, down 5.2 percent compared with the same week in 2019, while U.S. weekly intermodal volume was 289,488 containers and trailers, up 8.4 percent compared to 2019.

Six of the 10 carload commodity groups posted an increase compared with the same week in 2019. They included grain, up 6,531 carloads, to 27,434; motor vehicles and parts, up 810 carloads, to 16,103; and miscellaneous carloads, up 655 carloads, to 10,030. Commodity groups that posted decreases compared with the same week in 2019 included coal, down 11,610 carloads, to 62,229; nonmetallic minerals, down 5,053 carloads, to 30,479; and petroleum and petroleum products, down 2,438 carloads, to 10,259.

For the first 41 weeks of 2020, U.S. railroads reported cumulative volume of 8,798,767 carloads, down 15 percent from the same point last year; and 10,323,848 intermodal units, down 5.5 percent from last year. Total combined U.S. traffic for the first 41 weeks of 2020 was 19,122,615 carloads and intermodal units, a decrease of 10.1 percent compared to last year.

North American rail volume for the week ending October 10, 2020, on 12 reporting U.S., Canadian and Mexican railroads totaled 329,614 carloads, down 3.5 percent compared with the same week last year, and 384,502 intermodal units, up 6.9 percent compared with last year. Total combined weekly rail traffic in North America was 714,116 carloads and intermodal units, up 1.8 percent. North American rail volume for the first 41 weeks of 2020 was 26,320,732 carloads and intermodal units, down 9.5 percent compared with 2019.

Canadian railroads reported 79,435 carloads for the week, up 1.2 percent, and 79,211 intermodal units, up 8.5 percent compared with the same week in 2019. For the first 41 weeks of 2020, Canadian railroads reported cumulative rail traffic volume of 5,790,801 carloads, containers and trailers, down 7 percent.

Mexican railroads reported 19,215 carloads for the week, down 1.1 percent compared with the same week last year, and 15,803 intermodal units, down 20.2 percent. Cumulative volume on Mexican railroads for the first 41 weeks of 2020 was 1,407,316 carloads and intermodal containers and trailers, down 10.7 percent from the same point last year.

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Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

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Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us