Canada drives North American forest products rail freight higher in week ending Feb. 20

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Canada drives North American forest products rail freight higher in week ending Feb. 20

February 25, 2016 - 12:31
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OAKLAND, CA, Feb. 25, 2016 (RISI) -North American forest products railroad freight rose 5.2% in the latest week ending Feb. 20, 2016, to 18,784 carloads, the Assn of American Railroads reported. Volume through seven weeks of the year at 128,986 carloads was down 2.2% from 2015.

US forest products freight in the week was off 1.1% and year-to-date was 7.2% lower. Canada was up 14.9% in the week and 5.7% year-to-date, and Mexico was down 66.7% and 58.1% respectively.

AAR showed total North American carloads were down 4.3% in the week and 12.6% lower through seven weeks, with y-t-d coal volumes down 29.8%, ores and metals down 20.1%, and petroleum products down 15.3%.

BNSF Railway reported its pulp and paper freight in the week ending Feb. 20 was up 7.4% to 1,458 carloads and through seven weeks was up 3.1% to 10,128 carloads. Lumber/wood freight was down 1.7% in the week and up 0.9% year-to-date.