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Economy

Rail Traffic for February and the Week Ending February 27, 2021

Source: https://www.aar.org/news/traffic-for-february-and-the-week-ending-february-27-2021/

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending February 27, 2021, as well as volumes for February 2021.

U.S. railroads originated 824,636 carloads in February 2021, down 11.1 percent, or 102,972 carloads, from February 2020. U.S. railroads also originated 1,015,995 containers and trailers in February 2021, up 1.8 percent, or 18,184 units, from the same month last year. Combined U.S. carload and intermodal originations in February 2021 were 1,840,631, down 4.4 percent, or 84,788 carloads and intermodal units from February 2020.

In February 2021, three of the 20 carload commodity categories tracked by the AAR each month saw carload gains compared with February 2020. These were grain, up 12,342 carloads or 15.7 percent; pulp & paper products, up 578 carloads or 2.8 percent; and metallic ores, up 221 carloads or 1.4 percent. Commodities that saw declines in February 2021 from February 2020 included: coal, down 31,837 carloads or 12.5 percent; crushed stone, sand & gravel, down 24,320 carloads or 33 percent; and motor vehicles & parts, down 14,336 carloads or 20.4 percent.

“During February, snow and ice covered wide swaths of the country, including many areas that rarely see harsh winter weather wreaking havoc on all forms of transportation, including rail,” said AAR Senior Vice President John T. Gray. “In fact, the total U.S. rail carloads in the third week of February were the lowest for any week in AAR’s records that go back to 1988. While carloads rebounded during the last week to a more typical level, February ended with noticeably lower total volumes. On the positive side, both intermodal and grain traffic remained relatively strong through three of the four weeks of the month.”

Excluding coal, carloads were down 71,135 carloads, or 10.6 percent, in February 2021 from February 2020. Excluding coal and grain, carloads were down 83,477 carloads, or 14 percent.

Total U.S. carload traffic for the first two months of 2021 was 1,754,939 carloads, down 6.5 percent, or 122,771 carloads, from the same period last year; and 2,189,215 intermodal units, up 7.1 percent, or 144,732 containers and trailers, from last year.

Total combined U.S. traffic for the first eight weeks of 2021 was 3,944,154 carloads and intermodal units, an increase of 0.6 percent compared to last year.

Week Ending February 27, 2021

Total U.S. weekly rail traffic was 486,429 carloads and intermodal units, up 1.7 percent compared with the same week last year.

Total carloads for the week ending February 27 were 215,181 carloads, down 8.5 percent compared with the same week in 2020, while U.S. weekly intermodal volume was 271,248 containers and trailers, up 11.6 percent compared to 2020.

One of the 10 carload commodity groups posted an increase compared with the same week in 2020. It was grain, up 2,820 carloads, to 23,530. Commodity groups that posted decreases compared with the same week in 2020 included chemicals, down 6,243 carloads, to 27,768; nonmetallic minerals, down 5,499 carloads, to 23,431; and coal, down 3,491 carloads, to 58,634.

North American rail volume for the week ending February 27, 2021, on 12 reporting U.S., Canadian and Mexican railroads totaled 313,051 carloads, down 7.4 percent compared with the same week last year, and 359,293 intermodal units, up 12.4 percent compared with last year. Total combined weekly rail traffic in North America was 672,344 carloads and intermodal units, up 2.2 percent. North American rail volume for the first eight weeks of 2021 was 5,419,585 carloads and intermodal units, up 1.1 percent compared with 2020.

Canadian railroads reported 79,210 carloads for the week, down 1.6 percent, and 71,724 intermodal units, up 23.5 percent compared with the same week in 2020. For the first eight weeks of 2021, Canadian railroads reported cumulative rail traffic volume of 1,185,535 carloads, containers and trailers, up 5.2 percent.

Mexican railroads reported 18,660 carloads for the week, down 16.9 percent compared with the same week last year, and 16,321 intermodal units, down 12.3 percent. Cumulative volume on Mexican railroads for the first eight weeks of 2021 was 289,896 carloads and intermodal containers and trailers, down 7.3 percent from the same point last year.

To learn more about the data behind this article and what Association of American Railroads has to offer, visit https://www.aar.org/.

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ForwardKeys is one of the leading travel analytics firms that provides investment firms with alternative and predictive data on the travel industry. Data is offered both on the demand and the offer-side of the aviation market.

Actual Air Reservations is an aggregation of flight bookings made via the Global Distribution Systems. Exclusive agreements make that global travel data is available, including regions that are generally difficult to track. This data contains valuable insights into the profile, behaviour, and impact of events on past, present and future air travellers.

Seat Capacity provides insights into the scheduled flights from 99% of global commercial airlines.

Financial institutions use this data for artificial intelligence and predictive models to forecast the performances of businesses. Combined, the datasets can provide insights into the financial health of businesses operating in the travel and tourism industry. This list contains companies like airlines, airplane leasing companies, oil companies, hotels and travel agencies.