North American forest products rail freight down 3.6% in week ending July 11; G&W reports higher pulp and paper volumes

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North American forest products rail freight down 3.6% in week ending July 11; G&W reports higher pulp and paper volumes

July 15, 2015 - 10:26
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OAKLAND, CA, July 15, 2015 (RISI) -North American forest products railroad freight was down 3.6% in the latest week ending July 11, 2015, from a year ago to 18,688 carloads, the Assn of American Railroads. Volume through 27 weeks of 2015 was up 1.1% to 507,914 carloads.

US forest products traffic in the week was down 3.3%, Canada was 3.6% lower and Mexico was down 58.8%. Year-to-date US volume was down 1.5%, Canada was 5.4% higher and Mexico was down 24.8%, AAR showed.

Total North American rail carloads were down 6.7% in the week and 3.3% lower year-to-date with coal 9.5% lower and grain off 0.2%.

Genesee & Wyoming reported its North American pulp and paper rail freight in June was 7.3% higher from 2014 to 15,149 carloads and in second quarter was up 5.6% to 45,302 carloads. Lumber/forest products in June was up 7.2% to 12,153 carloads and in second quarter was down 0.9% to 34,966 carloads.