US weekly pulp and paper rail freight down 6%, Canada up 6%; lumber surges 21%

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US weekly pulp and paper rail freight down 6%, Canada up 6%; lumber surges 21%

March 26, 2010 - 05:40
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NEW YORK, March 26, 2010 (RISI) -Pulp and paper rail freight on North American railroads in the week ending March 11 was off 1.4% from a year ago to 8,643 carloads and cumulative through 11 weeks of 2010 was 5.7% lower to 97,932 carloads, the Assn of American Railroads reported.

AAR noted the latest week was the fourth straight week of freight gains on US railroads, up 4.3% from the same week of 2009 although 10.7% lower than in 2008.

US pulp and paper volumes in the week were down 6.1% while Canada showed a 6.7% increase.

US-Canada lumber and wood products weekly volumes at 5,175 carloads surged 21.1% over last year and through 11 weeks at 50,440 carloads was 8% higher.

Primary forest products freight was up 13% in the week and 7.3% higher year-to-date.