North American forest products rail freight drops 5.8% in latest week, off 0.3% year-to-date

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North American forest products rail freight drops 5.8% in latest week, off 0.3% year-to-date

December 16, 2015 - 12:58
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OAKLAND, CA, Dec. 16, 2015 (RISI) -North American forest products railroad freight was down 5.8% in the latest week ending Dec. 12, 2015, to 17,466 carloads, the Assn of American Railroads reported. Volume through 49 weeks of the year at 913,474 carloads was 0.3% below the same period of 2014.

US forest products rail shipments in the week were down 10%, Canada was up 0.5% and the small Mexico volume was 39.1% lower.

Year-to-date, US forest products carloads were down 3.1%, Canada was up 4%, and Mexico was down 24.6% from 2014.

AAR showed total North American carloads were down 11.9% in the week and 5.2% lower year-to-date.

BNSF Railway reported its pulp and paper freight in the week ending Dec. 5 was up 1%, in the fourth quarter to date was up 5.4%, and through 48 weeks of 2015 at 65,869 carloads was 0.9% above last year. Lumber/wood freight in the week was up 5.5% and 4.9% higher year-to-date.

Genesee & Wyoming reported its November pulp and paper freight was up 2.7% and in October-November was down 2.6% from a year ago. Lumber and forest products in November were up 6.4% and in fourth quarter to date were 2% higher.