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CP Canadian Pacific Kansas City Limited

78.43
0.00 (0.00%)
Pre Market
Last Updated: 09:21:34
Delayed by 15 minutes
Share Name Share Symbol Market Type
Canadian Pacific Kansas City Limited NYSE:CP NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 78.43 3 09:21:34

North American Rail Traffic Rose 0.2% in Week Ended Feb. 13

17/02/2021 6:19pm

Dow Jones News


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By Colin Kellaher

 

North American rail traffic edged up 0.2% last week, as a rise in intermodal volume offset a drop in carloads to help railroads eke out a sixth straight weekly gain to start the year, data from the Association of American Railroads showed.

Carload volume fell 7.4% for the week ended Feb. 13 on a dozen reporting U.S., Canadian and Mexican railroads, while intermodal traffic rose 7.8%, the trade group said Wednesday.

In the week ended Feb. 6, North American rail traffic rose 2.1%. For the first six weeks of the year, North American rail traffic is up 3.3%.

The AAR said U.S. rail traffic rose 0.3% last week, amid a 6.9% rise in the volume of intermodal containers and trailers and a 7% decline in carloads. U.S. rail traffic is up 4% for the first six weeks of the year.

Canadian rail traffic rose 2.8% last week, as an 18.3% surge in intermodal units overcame an 8.4% drop in carloads. Canadian rail traffic is up 5.4% for the first six weeks of the year.

Mexican rail traffic fell 8.7% last week, with carloads down 7.8% and intermodal units off 9.7%. Mexican rail traffic is down 14.1% for the first six weeks of the year.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

February 17, 2021 13:04 ET (18:04 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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