US rail traffic levels off in latest week; pulp and paper off 3.1% from 2009

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US rail traffic levels off in latest week; pulp and paper off 3.1% from 2009

May 28, 2010 - 10:32
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SAN FRANCISCO, May 28, 2010 (RISI) -The Assn of American Railroads reported that rail traffic leveled off in the latest week after 12 consecutive weeks of gains. Both rail carloads and intermodal volume remain up in comparison to 2009.

US railroads originated 288,114 carloads during the week ended May 22, up 10.6% from the comparable week in 2009, but down 12.4% from 2008.

US pulp and paper rail traffic in the week at 5,362 carloads was 3.1% lower and through 20 weeks of 2010 at 108,701 carloads was down 4%.

Canadian pulp and paper traffic at 3,317 carloads for the week was 2.1% higher and year-to-date at 68,742 carloads was down 1.1%. Mexican volume was down 15% and 43.1% respectively.

Combined North American pulp and paper rail traffic at 8,896 carloads for the week was off 1.2% and year-to-date was 3.1% lower, AAR showed.

North American lumber and wood products volume for the week ending May 22 at 4,973 carloads was up 15.6% and year-to-date at 97,783 carloads was 12% higher than 2009. Primary forest products carloads were up 9.2% and 12.5% respectively.