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2/1/2024
U.S. railroads eked out a 0.7% increase in traffic for the week ending Jan. 27, logging a total of 467, 222 carloads and intermodal units compared with the same week a year ago, according to Association of American Railroads data.
While carload volumes dropped 9% to 208,131, container and trailer volumes surged 10.1% during the week.
Two of the 10 carload commodity groups that AAR tracks every week posted increases. They were petroleum and petroleum products, up 6.9% to 10,660 carloads; and motor vehicles and parts, up two carloads to 13,757.
Commodity groups that posted decreases included coal, down 16.1% to 57,231 carloads; nonmetallic minerals, down 20.2% to 23,370; and grain, down 9.9% to 21,025.
Also during the week, Canadian railroads reported 87,086 carloads, down 7.3%, and 67,580 intermodal units, down 4.2%. Mexican railroads logged 18,071 carloads for the week, up 21.8%, and 12,940 intermodal units, up 25.5%.
For the first four weeks of 2024 compared with the same period in 2023:• U.S. railroads posted 1,739,485 carloads, containers and trailers, down 3.7%;• Canadian railroads reported 579,313 carloads, containers and trailers, down 8.8%;• Mexican railroads logged 112,629 carloads, containers and trailers, up 19.2%; and• North American volumes combined totaled 2,431,427 carloads and intermodal units, down 4.2%.