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North American rail traffic down 5.1% for the week ending December 24
The Fly

North American rail traffic down 5.1% for the week ending December 24

The Association of American Railroads, AAR reported U.S. rail traffic for the week ending December 24. For this week, total U.S. weekly rail traffic was 400,289 carloads and intermodal units, down 4.8% compared with the same week last year. Total carloads for the week ending December 24 were 193,195 carloads, down 4.1% compared with the same week in 2021, while U.S. weekly intermodal volume was 207,094 containers and trailers, down 5.5% compared to 2021. North American rail volume for the week ending December 24, on 12 reporting U.S., Canadian and Mexican railroads totaled 278,859 carloads, down 3.5% ompared with the same week last year, and 268,287 intermodal units, down 6.7% compared with last year. Total combined weekly rail traffic in North America was 547,146 carloads and intermodal units, down 5.1%. North American rail volume for the first 51 weeks of 2022 was 34,396,219 carloads and intermodal units, down 1.9% compared with 2021. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Kansas City Southern (KSU), Norfolk Southern (NSC), Union Pacific (UNP), Wabtec (WAB), FreightCar America (RAIL), Trinity Industries (TRN) and Greenbrier(GBX). Reference Link

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