UNP Union Pacific Corp

  By Colin Kellaher 
 

North American rail traffic rose 9.2% last week amid strong intermodal volume in the U.S. and Canada, data from the Association of American Railroads showed.

Carload volume slipped 0.3% for the week ended March 6 on 12 reporting U.S., Canadian and Mexican railroads, while intermodal traffic rose 19.3%, the trade group said Wednesday.

In the week ended Feb. 27, North American rail traffic rose 2.2%. For the first nine weeks of the year, North American rail traffic is up 2%.

The AAR said U.S. rail traffic rose 11.4% last week, powered by a 21.5% jump in the volume of intermodal containers and trailers. Carload rose 1.1%. U.S. rail traffic is up 1.7% for the first nine weeks of the year.

Canadian rail traffic rose 6.6% last week, as a 19.1% rise in intermodal units more than offset a 2.8% drop in carloads. Canadian rail traffic is up 5.3% for the first nine weeks of the year.

Mexican rail traffic fell 7.3% last week, with carloads down 5.7% and intermodal units off 9.2%. For the year to date, Mexican rail traffic is down 5.7%, the AAR said.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

March 10, 2021 13:00 ET (18:00 GMT)

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