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CP Canadian Pacific Kansas City Limited

109.09
0.24 (0.22%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Canadian Pacific Kansas City Limited TSX:CP Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.24 0.22% 109.09 109.02 109.43 110.15 108.62 109.45 530,673 21:14:58

North American Rail Traffic Rose 15.3% in Week Ended June 12

16/06/2021 6:31pm

Dow Jones News


Canadian Pacific Kansas ... (TSX:CP)
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By Colin Kellaher

 

North American rail traffic rose 15.3% last week, as comparisons remained inflated due to the pandemic-related shutdowns that hit many economic sectors last year, leading to large drops in rail volumes, data from the Association of American Railroads showed.

Carload volume rose 16.2% for the week ended June 12 on a dozen reporting U.S., Canadian and Mexican railroads, while intermodal traffic rose 14.5%, the trade group said Wednesday.

In the week ended June 5, North American rail traffic rose 12.2%. For the first 23 weeks of the year, North American rail traffic is up 12.2%.

The AAR said U.S. rail traffic rose 17.9% last week amid a 21.8% jump in carloads and a 14.8% rise in the volume of intermodal containers and trailers. U.S. rail traffic is up 13.7% for the first 23 weeks of the year.

Canadian rail traffic rose 9.3% last week, as carloads rose 4.9% and intermodal units jumped 14.3%. Canadian rail traffic is up 9% for the first 23 weeks of the year.

Mexican rail traffic rose 5.4% last week, with carloads up 2.8% and intermodal units up 9.1%. Mexican rail traffic is up 4.7% for the year to date, the AAR said.

 

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

 

(END) Dow Jones Newswires

June 16, 2021 13:31 ET (17:31 GMT)

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

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