Share Name Share Symbol Market Type
Canadian National Railway Company TSX:CNR Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.94 -1.35% 141.30 141.29 141.36 144.63 140.94 144.63 2,471,878 21:10:29

North American Rail Traffic Fell 3.4% in Week Ended Oct. 23

27/10/2021 9:54pm

Dow Jones News

Canadian National Railway (TSX:CNR)
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By Colin Kellaher


North American rail traffic fell 3.4% last week as railroads continue to grapple with supply-chain issues, data from the Association of American Railroads showed.

Carload volume rose 2.4% for the week ended Oct. 23 on 12 reporting U.S., Canadian and Mexican railroads, while intermodal traffic fell 8.3%, the trade group said Wednesday.

The chief executives of CSX Corp. and Union Pacific Corp. last week said a lack of truck drivers, equipment and warehouse workers are causing congestion in their yards, forcing them to turn down some business during a time of high demand for shipping companies.

In the week ended Oct. 16, North American rail traffic fell 5.1%. For the first 42 weeks of the year, North American rail traffic is up 6.9%, compared with a year-to-date gain of 7.2% reported a week earlier.

The AAR said U.S. traffic fell 2.3% last week, with an 8% drop in the volume of intermodal containers and trailers more than offsetting a 5.1% rise in carloads. U.S. rail traffic is up 8% for the first 42 weeks of the year.

Canadian rail traffic fell 6.5% last week amid a, 11.1% slide in intermodal units and a 2% decline in carloads. Canadian rail traffic is up 4.1% for the first 42 weeks of the year.

Mexican rail traffic fell 6.4% last week, with carloads down 10.2% and intermodal units off 1.3%. Mexican rail traffic is up 3.6% for the year to date, the AAR said.


Write to Colin Kellaher at


(END) Dow Jones Newswires

October 27, 2021 16:39 ET (20:39 GMT)

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

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