North American forest products rail freight down 1.3% in week ending March 19, off 1.2% y-t-d

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North American forest products rail freight down 1.3% in week ending March 19, off 1.2% y-t-d

March 25, 2016 - 13:33
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OAKLAND, CA, March 25, 2016 (RISI) -North American forest products railroad freight was down 1.3% in the latest week ending March 19, 2016, to 18,350 carloads, the Assn of American Railroads reported. Volume through 11 weeks at 203,529 carloads was 1.2% below a year ago.

US forest products freight in the week was down 6.1% and year-to-date was down 5.8%. Canada was up 5.6% in the week and 5.9% higher year-to-date. Mexico was lower by 61.9% and 57.9% respectively.

Total North American rail carloads were down 14.2% in the week and 11.7% lower year-to-date, with coal down 30.4%, metals and ores down 16.7% and petroleum 16.1% lower.

BNSF Railway reported its pulp and paper freight in the week ending March 19 was down 11.9% to 1,144 carloads and through 11 weeks was up 5.3% to 15,535 carloads. Lumber/wood products freight was up 7.8% and 5.2% respectively.