Little Class 1 Traffic Growth in 2nd Quarter

The second quarter was a rough one for North America’s Class 1 railroads.

Trains magazine reported on its website that only Canadian National gained traffic during the quarter, seeing a gain of 0.4 percent compared with the same period of 2022.

U.S. carload volume is down 8.5 percent for the first half of 2022 compared with 2019, according to figures compiled by the Association of American Railroads.

During the first quarter CSX and Canadian Pacific were the only Class 1 carriers to see growth in intermodal traffic.

For more information, read the article at https://www.trains.com/trn/news-reviews/news-wire/cn-posts-slight-quarterly-traffic-gain-while-other-big-systems-see-volume-declines/

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