- The Association of American Railroads [AAR] reported on Wednesday that for the week ending November 4, 2023, U.S. rail traffic was 484,757 carloads and intermodal units, down 1.7% year-over-year.
- Total carloads for the week fell 5.2% to 224,415 carloads, while U.S. weekly intermodal volume was 260,342 containers and trailers, rising 1.5%.
- Three of the 10 carload commodity groups posted a year-over-year increase for the week. They included motor vehicles and parts, farm products excl. grain, & food, and petroleum & petroleum products.
- Commodity groups that fell year-over-year for the week included grain, coal, and nonmetallic minerals.
- North American rail volume for the week, on 12 reporting U.S., Canadian and Mexican railroads was 337,189 carloads, down 2% year-over-year, and 339,433 intermodal units, down 0.5%.
- Canadian railroads reported 97,307 carloads for the week, up 2.5%, and 67,421 intermodal units, down 10.7%.
- Mexican railroads reported 15,467 carloads for the week, up 24.2%, and 11,670 intermodal units, up 29.6%.
- 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)
U.S. weekly rail traffic falls 1.7% year-over-year
