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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.93 | 0.55% | 171.33 | 171.32 | 171.36 | 171.56 | 169.77 | 170.56 | 322,130 | 20:10:13 |
By Colin Kellaher
North American rail traffic jumped 14.1% last week, as last year's steep drop in business related to the coronavirus pandemic inflated comparisons, data from the Association of American Railroads showed.
Carload volume rose 4.8% for the week ended March 27 on 12 reporting U.S., Canadian and Mexican railroads, while intermodal traffic surged 23.8%, the trade group said Wednesday.
In the week ended March 20, North American rail traffic rose 9.5%. For the first 12 weeks of the year, North American rail traffic is up 4.3%.
In the 12th week of 2020, traffic fell 7.7%, as fallout from widespread shutdowns sparked by the pandemic weighed on volume.
The AAR said U.S. rail traffic rose 16.1% last week, with the volume of intermodal containers and trailers up 25.8% and carloads rising 6%. U.S. rail traffic is up 4.5% for the first 12 weeks of the year.
Canadian rail traffic rose 12.4% last week amid a 22.2% jump in intermodal units and a 4.9% rise in carloads. Canadian rail traffic is up 6.2% for the first 12 weeks of the year.
Mexican rail traffic fell 3.6% last week, as a 6.7% drop in carloads more than offset a 0.8% rise in intermodal units. For the year to date, Mexican rail traffic is down 5.5%, the AAR said.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
March 31, 2021 13:35 ET (17:35 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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