Canada forest products rail freight up 17% in latest week

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Canada forest products rail freight up 17% in latest week

March 18, 2015 - 19:50
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OAKLAND, CA, March 13, 2015 (RISI) -North American forest products railroad freight was up 5% in the latest week ending March 7, the Assn of American Railroads reported. Volume through nine weeks of 2015 at 168,637 carloads was 4.3% higher than in 2014.

In the week, US forest products freight was down 2.5%, Canada surged 17.5% and Mexico was 27.3% lower.

Total North American rail carloads were up 0.6% in the week and 3% year-to-date, AAR showed.

Genesee & Wyoming reported its pulp and paper carloads in February were down 1.6% from a year ago at 12,891 units. Lumber and forest products freight was off 0.5% at 9,879 carloads.

Through two months of 2015, G&W reported pulp and paper carloads were up 0.9% and lumber/forest products were down 0.3%.