US rail freight highest since late 2008; pulp and paper lower

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US rail freight highest since late 2008; pulp and paper lower

April 02, 2010 - 10:56
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SAN FRANCISCO, April 2, 2010 (RISI) -US rail carload freight hit its highest level since November 2008 in the week ending March 27, rising 16.5%, the Assn of American Railroads reported.

In the Western US, carloads were up 22.3% compared with the same week last year, but down 10.4% compared with 2008. In the Eastern US, carloads were up 9.1% compared with 2009, but down 13.4% from 2008.

North American pulp and paper freight in the week at 8,682 carloads was down 5.6% from 2009 and cumulative through 12 weeks at 106,614 carloads was 5.7% lower, AAR showed.

Weekly US pulp and paper freight was off 11% and Canada was 3.3% higher.

North American lumber and wood products freight for the week of March 27 at 5,206 carloads was 11.6% higher and year-to-date at 55,646 carloads was up 8.3% from 2009. Primary forest products volume was 21.4% and 8.3% higher respectively.