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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.09 | -0.08% | 112.14 | 112.10 | 112.35 | 113.16 | 109.28 | 111.00 | 1,623,590 | 21:14:57 |
By Colin Kellaher
North American rail traffic rose 24.8% last week, marking a third straight week of gains topping 20% amid inflated comparisons due to last year's steep drops sparked by the coronavirus pandemic, data from the Association of American Railroads showed.
Carload volume rose 22.2% for the week ended April 24 on 12 reporting U.S., Canadian and Mexican railroads, while intermodal traffic jumped 27.2%, the trade group said Wednesday.
In the week ended April 17, North American rail traffic rose 28%. For the first 16 weeks of the year, North American rail traffic is up 8.4%.
In the week ended April 25, 2020, North American rail traffic slid 20.2%, as fallout from the pandemic weighed on demand.
The AAR said U.S. rail traffic rose 30% last week amid a 34.3% surge in the volume of intermodal containers and trailers surging and a 25% jump in carloads. U.S. rail traffic is up 9.4% for the first 16 weeks of the year.
Canadian rail traffic rose 5.5% last week, with carloads up 8.6% and intermodal units rising 2.3%. Canadian rail traffic is up 7.1% for the first 16 weeks of the year.
Mexican rail traffic soared 47% last week, as carloads surged 52.7% and intermodal units rose 40.5%. Mexican rail traffic, which had been down for most of the year, is now up 0.6% for the year to date, the AAR said.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
April 28, 2021 12:49 ET (16:49 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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