North American forest products freight down 5.1% in latest week, 2.2% year-to-date; carriers report mixed 1Q

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North American forest products freight down 5.1% in latest week, 2.2% year-to-date; carriers report mixed 1Q

April 28, 2016 - 15:35
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OAKLAND, CA, April 28, 2016 (RISI) -North American forest products railroad freight was down 5.1% in the latest week ending Apr. 23, 2016, at 18,307 carloads, the Assn of American Railroads reported. Volume through 16 weeks of the year at 294,594 carloads was down 2.2% from a year ago.

US forest products traffic was 7.6% lower in the week and down 6.2% year-to-date. Canada was down 1.6% in the week and 3.6% higher year-to-date. Mexico was down 41% and 46.9% respectively.

BNSF Railway showed its pulp and paper freight in the week was up 3.3% to 1,302 carloads and year-to-date was 4.2% higher to 22,281 carloads. Lumber/wood products was up 3.7% in the week and 6% year-to-date.

Genesee & Wyoming reported its first quarter pulp and paper carloads were down 4.7% from a year ago to 26,128 units. Lumber/forest products were 7% higher to 20,870 carloads.

Norfolk Southern reported its first quarter paper/clay/forest rail volume was up 0.7% to 73,000 carloads, and Canadian Pacific reported its forest products freight was up 8% to 17,000 carloads. Kansas City Southern reported forest products freight in the quarter was down 6% to 30,500 carloads.