North American forest products rail freight down 2.6% in latest week

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North American forest products rail freight down 2.6% in latest week

January 01, 2016 - 11:13
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OAKLAND, CA, Dec. 31, 2015 (RISI) -North American forest products railroad freight was down 2.6% in the latest week ending Dec. 26, 2015, at 15,079 carloads compared with a year ago, the Assn of American Railroads reported. Volume through 51 weeks of 2015 at 946,339 carloads was 0.5% below 2014.

US forest products freight was down 6.4% in the week and 3.3% lower year-to-date. Canada was 4.4% higher in the week and up 3.9% year-to-date. Mexico was lower by 69.8% and 25.9% respectively.

AAR reported total North American carloads were down 16.7% in the week and down 5.6% year-to-date.

BNSF Railway reported its pulp and paper freight in the week ending Dec. 26 was down 7.5% from a year ago to 1,224 carloads and year-to-date was 1.3% higher to 69,936 carloads. Lumber and wood products freight in the week was up 1% to 1,174 carloads and year-to-date was up 4.4% to 80,289 carloads. BNSF’s total rail carloads were down 17.6% in the week and year-to-date were off 0.3% from 2014 to 5.22 million carloads.