In the week, US paper/forest freight was down 5.7%, Canada was 16.9% higher, and Mexico's small volume was down 53.8%. Year-to-date US freight was up 0.5%, Canada was 10.4% higher and Mexico was down 33.2%, AAR showed.
Total North America rail carloads in the week were down 1.7% and year-to-date were 2.2% higher. Nine commodity groups were up from 2014 and coal showed a 1.8% decline.
Genesee & Wyoming said this week its traffic in the first quarter of 2015 has been weaker than expectated due to severe winter weather in four of G&W's North American regions, as well as weakness in certain commodity groups, including steam coal and metals. G&W said it expects net income in the quarter to be about $10 million below guidance.
Kansas City Southern said it expects low single-digit revenue growth, reduced from the mid single-digit revenue growth provided in the previous full-year 2015 guidance issued in January. The reduced revenue guidance reflects slower year-to-date carload growth primarily from the energy sector, along with a continued deterioration in the value of the Mexican peso against the US dollar, and lower fuel surcharge revenues.