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- The Association of American Railroads [AAR] reported on Wednesday that for the week ending July 6, 2024, U.S. rail traffic was 421,817 carloads and intermodal units, up 3.3% year-over-year.
- Total carloads for the week fell 1.2% to 195,030 carloads, while U.S. weekly intermodal volume was 226,787 containers and trailers, up 7.6%.
- Seven of the 10 carload community groups posted a year-over-year increase for the week. They included grain, chemicals, and forest products.
- Commodity groups that fell year-over-year for the week included coal, nonmetallic minerals, and motor vehicles and parts.
- North American rail volume for the week, on 10 reporting U.S., Canadian and Mexican railroads was 299,444 carloads, up 0.4% year-over-year, and 304,920 intermodal units, up 16.7%.
- Canadian railroads reported 89,296 carloads for the week, up 6.8%, and 66,515 intermodal units, up 71.5%.
- Mexican railroads reported 15,118 carloads for the week, down 11.6%, and 11,618 intermodal units, down 0.4%.
- Related Tickers: Canadian Pacific Railway (CP), Canadian National Railway (CNI), CSX Corp. (CSX), Union Pacific (UNP), Norfolk Southern (NSC), and Brookfield Infrastructure Partners (BIP) (BIPC).