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North American paper rail freight off 2%, lumber rises 20%

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North American paper rail freight off 2%, lumber rises 20%

April 23, 2010 - 10:32
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SAN FRANCISCO, April 23, 2010 (RISI) -North American pulp and paper rail freight volume in the latest week ending April 17 at 9,003 carloads was off 2.1% from a year ago, according to the Assn of American Railroads.

Year-to-date pulp and paper volume at 134,095 carloads was down 4.6% from the same period of 2009.

Overall, AAR reported that US freight rail traffic continues to gain momentum, with the latest week showing the highest volume level since Dec. 6, 2008. Total North American rail traffic for the week ending April 17 at 384,252 carloads was up 18% from last year. Total freight through 15 weeks of 2010 was 7% higher to 5.458 million carloads.

North American lumber and wood products freight in the latest week at 5,483 carloads was 19.8% higher and year-to-date at 71,125 carloads was 10.3% higher. Primary forest products was up 22.4% and 11.6% respectively.