Rail Freight Volume Down 2.3% Last Week

U.S. rail freight volume declined 2.3 percent for the week ending Oct. 20.

The Association of American Railroads said Class 1 carriers handled 239,195 carloads for a gain of 5.1 percent compared with the same week in 2020.

However as in past weeks, intermodal traffic drug down overall traffic volume. AAR said railroads handled 271,567 containers and trailers, down 8  percent. Combined, carloads and intermodal units was 510,762.

Seven of the 10 carload commodity groups tracked by AAR saw gains.They included coal, up 8,175 carloads, to 65,712; metallic ores and metals, up 2,537 carloads, to 23,192; and miscellaneous carloads, up 1,537 carloads, to 11,036.

Losing ground were motor vehicles and parts, down 2,057 carloads, to 13,403; petroleum and petroleum products, down 623 carloads, to 9,544; and grain, down 138 carloads, to 25,857.

The year to date freight volume has been 9,718,385, an increase of 7.5. Intermodal traffic has been 11,617,749 units, an increase of 8.5.

Combined traffic has been 21,336,134 carloads and intermodal units, an 8  percent increase. All comparisons are with the 2020.  

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