U.S. and Canadian Railroad Carload Traffic is Booming

May 1, 2004
Figures are for the week of May 1, the 17th week of 2004. While there were steep decreases in primary forest product (-16.0%) and metallic ore (-9.0%)

Figures are for the week of May 1, the 17th week of 2004. While there were steep decreases in primary forest product (-16.0%) and metallic ore (-9.0%) loadings, other commodities were showing double-digit growth. These included coke (+22.6%), farm products not including grain (+19.1%), petroleum products (+17.8%), waste and scrap material (+16.6%), grain (+16.4%), and lumber and wood products (+16.2%). For the week, Canadian carload traffic was up 10.1% and intermodal traffic showed a 2.8% gain. For the first 17 weeks of the year, cumulative carload traffic is up 7.1% though intermodal is down a modest 0.3% year-over-year.

Mexico’s Transortacion Ferroviaria Mexicana (TFM) showed an increase for the week of 8.3% in carload freight year-over-year, though cumulative volumes are down for the beginning of 2004 by 4.7%.