G&W pulp and paper freight down at end of 2016; North American forest products fall in first week of 2017

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G&W pulp and paper freight down at end of 2016; North American forest products fall in first week of 2017

January 13, 2017 - 13:28
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OAKLAND, CA, Jan. 13, 2017 (RISI) -Genesee & Wyoming reported its pulp and paper rail freight in December was down 6.1% to 13,865 carloads, and lumber and wood products were 6.6% lower to 10,821 carloads.

For the fourth quarter, pulp and paper freight was down 8.4% to 39,578 carloads and lumber/wood products was 3.6% lower to 33,450 carloads.

The company’s total traffic in the quarter was up 3.8% to 402,939 carloads, with largest commodity groups coal and coke up 19% and agricultural products 7.9% higher.

North American forest products freight fell 15% in the week ending Jan. 7, 2017, to 15,707 carloads compared with a year ago, the Assn. of American Railroads reported.

US forest products freight was down 15.3% to 9,034 carloads, Canada was 14.8% lower to 6,652 carloads, and Mexico was up 10.5$ to 21 carloads.

Total North American carloads were down 6.5% with declines in every commodity group except metallic ores.