- The Affiliation of American Railroads [AAR] reported on Wednesday that for the week ending June 1, 2024, U.S. rail visitors was 450,077 carloads and intermodal models, up 2.4% year-over-year.
- Complete carloads for the week fell 5.9% to 206,236 carloads, whereas U.S. weekly intermodal quantity was 243,841 containers and trailers, rising 10.7%.
- Six of the ten carload commodity teams posted a year-over-year enhance for the week. They included grain, farm merchandise excl. grain, and meals, and petroleum and petroleum merchandise.
- Commodity teams that fell year-over-year for the week included coal, nonmetallic minerals, and miscellaneous carloads.
- North American rail quantity for the week, on 10 reporting U.S., Canadian and Mexican railroads was 310,890 carloads, down 2.6% year-over-year, and 327,199 intermodal models, up 8.2%.
- Canadian railroads reported 88,149 carloads for the week, up 3.3%, and 71,065 intermodal models, down 2.0%.
- Mexican railroads reported 16,505 carloads for the week, up 13.2%, and 12,293 intermodal models, up 29.8%.
- Associated Tickers: Canadian Pacific Railway (CP), Canadian Nationwide Railway (CNI), CSX Corp. (CSX), Union Pacific (UNP), Norfolk Southern (NSC), and Brookfield Infrastructure Companions (BIP) (BIPC)
Extra on Transportation ETF
- The Affiliation of American Railroads [AAR] reported on Wednesday that for the week ending June 1, 2024, U.S. rail visitors was 450,077 carloads and intermodal models, up 2.4% year-over-year.
- Complete carloads for the week fell 5.9% to 206,236 carloads, whereas U.S. weekly intermodal quantity was 243,841 containers and trailers, rising 10.7%.
- Six of the ten carload commodity teams posted a year-over-year enhance for the week. They included grain, farm merchandise excl. grain, and meals, and petroleum and petroleum merchandise.
- Commodity teams that fell year-over-year for the week included coal, nonmetallic minerals, and miscellaneous carloads.
- North American rail quantity for the week, on 10 reporting U.S., Canadian and Mexican railroads was 310,890 carloads, down 2.6% year-over-year, and 327,199 intermodal models, up 8.2%.
- Canadian railroads reported 88,149 carloads for the week, up 3.3%, and 71,065 intermodal models, down 2.0%.
- Mexican railroads reported 16,505 carloads for the week, up 13.2%, and 12,293 intermodal models, up 29.8%.
- Associated Tickers: Canadian Pacific Railway (CP), Canadian Nationwide Railway (CNI), CSX Corp. (CSX), Union Pacific (UNP), Norfolk Southern (NSC), and Brookfield Infrastructure Companions (BIP) (BIPC)