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North American railroads report mostly lower pulp and paper freight in latest week, higher lumber/wood volume

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North American railroads report mostly lower pulp and paper freight in latest week, higher lumber/wood volume

October 07, 2016 - 12:01
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OAKLAND, CA, Oct. 7, 2016 (RISI) -North American total forest products rail freight was down 3.9% from a year ago in the week ending Oct. 1 to 18,470 carloads, theAssn of American Railroadsreported. Volume through 39 weeks of the year was also 3.9% lower to 704,616 carloads.

US forest products freight was down 7.9% in the week and 7.8% lower year-to-date. Canadian volume was up 1.8% in the week and 1.9% higher year to date. Mexico’s volume was up 113% and down 44% respectively, AAR showed.

Total North American rail carloads were down 1.4% in the week and 9.7% lower year-to-date.

"Rail traffic in September was more of what we have come to expect this year: big declines in energy related products, continued weakness in intermodal and most other export markets, but with some strength in grain," AAR commented.

Among major carriers,Canadian Nationalshowed pulp and paper freight in the week ending Oct. 1 declined 5.1% to 3,092 carloads and through 39 weeks was 7% lower to 124,772 carloads. Lumber and wood products volume in the week was up 5.9% to 3,482 carloads and year-to-date was up 8.3% to 128,146 carloads. Primary forest products carloads were down 11.2% in the week and 1% higher year-to-date.

CSXreported pulp and paper freight in the week was down 14.3% from a year ago to 2,785 carloads and year-to-date were 10.1% lower to 108,800 carloads. Lumber and wood products were up 3.2% in the week to 1,309 carloads and were down 2.3% year-to-date to 45,009 carloads.

Union Pacificreported pulp and paper freight in the week was flat at 1,775 carloads and year-to-date was 7% lower to 65,884 carloads. Lumber and wood products was up 1% in the week to 2,499 carloads and was flat year-to-date at 90,094.

BNSFshowed pulp and paper volume in the week was down 10.2% to 1,326 carloads and year-to-date was up 1.1% to 54,003 carloads. Lumber/wood was off 0.2% to 1,102 units and year-to-date was 1.6% higher to 63,008.

Canadian Pacificshowed pulp and paper freight in the week was 6% higher to 726 carloads and year-to-date was 4.1% higher to 29,212 carloads. Lumber/wood in the week was up 18.7% to 534 carloads and year-to-date rose 14.3% to 21,265.