February U.S. Rail Traffic up 5.7 Percent

February U.S. railroad freight traffic posted a 5.7 percent gain, the Association of American Railroads said this week.

The combined U.S. carload and intermodal originations for the month were 1,945,646 units, a gain of 104,819 carloads and intermodal units when compared with February 2021.

Carloads for the month were 915,329, a gain of 11 percent or 90,525 carloads over February 2020.

Intermodal traffic was 1,030,317 containers and trailers, which was a 1.4 percent or 14,294 increase.

AAR said 15 of the 20 carload commodity categories it tracks posted gains compared with February 2020.

These included: coal, up 47,238 carloads or 21.3 percent; chemicals, up 19,397 carloads or 16.4 percent; and crushed stone, sand and gravel, up 17,918 carloads or 36.3 percent.

Losing ground were motor vehicles and parts, down 6,358 carloads or 11.4 percent; petroleum and petroleum products, down 3,191 carloads or 8 percent; and all other carloads, down 2,162 carloads or 9.3 percent.

“U.S. rail traffic had big year-over-year gains in February largely because severe winter storms held volumes back last February,” AAR Senior Vice President John T. Gray said in a statement..

“That said, there were pockets of real strength last month,” Gray said.

“For example, carloads of chemicals set a new monthly record last month, carloads of coal were the highest in five months and carloads of lumber were the most in eight months.”

Excluding coal, carloads were up 43,287 carloads, or 7.2 percent, in February 2022 compared with February 2021.

Excluding coal and grain, carloads were up 39,619 carloads, or 7.7 percent.

Total U.S. carload traffic for the first two months of 2022 were 1,817,594 carloads, an increase of 3.6 percent, or 62,664 carloads when compared with the same time period in 2020.

The 2,031,760 intermodal units was a drop of 7.2 percent, or 157,502 containers and trailers. Total combined U.S. traffic for the first eight weeks of 2022 was 3,849,354 carloads and intermodal units, falling 2.4 percent from the previous-year period.

Tags: , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: