- The Association of American Railroads [AAR] reported on Wednesday that for the week ending January 13, 2024, U.S. rail traffic was 457,453 carloads and intermodal units, down 4.1% year-over-year.
- Total carloads for the week fell 10.2% to 213,277 carloads, while U.S. weekly intermodal volume was 244,176 containers and trailers, rising 1.9%.
- Three of the 10 carload commodity groups posted a year-over-year increase for the week. They included chemicals, petroleum and petroleum products, and forest products.
- Commodity groups that fell year-over-year for the week included coal, grain, and nonmetallic minerals.
- North American rail volume for the week, on 12 reporting U.S., Canadian and Mexican railroads was 316,875 carloads, down 9.1% year-over-year, and 319,987 intermodal units, up 0.4%.
- Canadian railroads reported 86,253 carloads for the week, down 10.8%, and 64,295 intermodal units, down 8.3%.
- Mexican railroads reported 17,345 carloads for the week, up 19%, and 11,516 intermodal units, up 25.8%.
- Related Tickers: Canadian Pacific Railway (CP), Canadian National Railway (CNI), CSX Corp. (CSX), and Union Pacific (UNP), Berkshire Hathaway (BRK.A) (BRK.B), Norfolk Southern (NSC), and Brookfield Infrastructure Partners (BIP) (BIPC)
