Grain Shows Slight Gain Over 2019 Levels

U.S. rail freight traffic for the week ending Oct. 24 showed a slight increase due to rising intermodal volumes.

The Association of American Railroads said total traffic was 522,653 carloads and intermodal units, a 1.9 percent increase over the same week in 2019.

However, the 227,543 carloads represented a decline of 6.5 compared to the same week last year.

The 296,110 intermodal containers and trailers handled by the railroads was a 9.4 percent gain.

Five of 10 carload groups posted increases over 2019 levels, led by grain, up 23.2 percent.

Of the five categories that fell, the biggest losses were petroleum and petroleum products (down 21.8 percent) and coal (down 21.5 percent).

The 20,164,031 carloads and intermodal units to date is a 9.6 percent decline from 2019.

Grain traffic shows a gain over 2019 of 0.2 percent.

All other commodity groups remain down, led by coal (minus-26.4 percent) and motor vehicles and parts (minus-22.6 percent).

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