North American forest products rail volume up 7.9% in latest week

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North American forest products rail volume up 7.9% in latest week

February 18, 2015 - 18:30
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OAKLAND, CA, Feb. 13, 2015 (RISI) -North American forest products railroad freight rose 7.9% in the week ending Feb. 7, 2015, to 19,138 carloads, the Assn of American railroads reported. Volume through five weeks of 2015 at 95,374 carloads was 5.5% above the same period of 2014.

US forest products freight in the week was up 7.3%, Canada rose 9.5% and Mexico dropped 52.1%.

AAR showed total North America railroad carloads were up 5% in the week and 6% year-to-date.

Regional rail carrier Genesee & Wyoming reported its January pulp and paper carloads were up 3.1% from a year ago at 15,228 carloads. Lumber and forest products freight at 10,951 carloads was down 0.2%.