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Rail News: Rail Industry Trends
1/2/2002
Rail News: Rail Industry Trends
2001 freight traffic — minus one week — depicts year-long decay
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With only one week remaining, U.S. railroads through 2001's first 51 weeks continued a year-long carload-volume decline, moving 17,027,842 carloads — a 0.7 percent decrease compared with the same 2000 period, according to Association of American Railroads data released Dec. 27.
Intermodal volume during the same period of 8,831,394 containers and trailers also was down compared with 2000, off 2.4 percent. Meanwhile, total volume rose to an estimated 1.47 trillion ton-miles.
For Canadian railroads, 51-week carload and intermodal volumes followed different paths compared with 2000 data: carloads dropped 1.9 percent to 3,160,092, while trailers and containers increased 2 percent to 1,808,815.
On a combined cumulative-volume basis, 16 reporting U.S. and Canadian railroads through 51 weeks moved 20,187,734 carloads, down 0.9 percent, and 10,640,209 trailers and containers, dipping 1.7 percent compared with 2000.
Intermodal volume during the same period of 8,831,394 containers and trailers also was down compared with 2000, off 2.4 percent. Meanwhile, total volume rose to an estimated 1.47 trillion ton-miles.
For Canadian railroads, 51-week carload and intermodal volumes followed different paths compared with 2000 data: carloads dropped 1.9 percent to 3,160,092, while trailers and containers increased 2 percent to 1,808,815.
On a combined cumulative-volume basis, 16 reporting U.S. and Canadian railroads through 51 weeks moved 20,187,734 carloads, down 0.9 percent, and 10,640,209 trailers and containers, dipping 1.7 percent compared with 2000.