North American rail traffic up 1.7% for the week ending September 23

The Association of American Railroads, AAR, reported U.S. rail traffic for the week ending September 23. For this week, total U.S. weekly rail traffic was 493,323 carloads and intermodal units, up 2.8% compared with the same week last year. Total carloads for the week ending September 23 were 234,904 carloads, up 4.7% compared with the same week in 2022, while U.S. weekly intermodal volume was 258,419 containers and trailers, up 1.2% compared to 2022. North American rail volume for the week ending September 23 on 12 reporting U.S., Canadian and Mexican railroads totaled 346,962 carloads, up 3.7% compared with the same week last year, and 342,697 intermodal units, down 0.3% compared with last year. Total combined weekly rail traffic in North America was 689,659 carloads and intermodal units, up 1.7%. North American rail volume for the first 38 weeks of 2023 was 24,663,751 carloads and intermodal units, down 3.9% compared with 2022. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific Kansas City (CP), Kansas City Southern (KSU), Norfolk Southern (NSC), Union Pacific (UNP), Trinity Industries (TRN), Greenbrier (GBX), FreightCar America (RAIL), Rail Vision (RVSN) and Wabtec (WAB).