Total US coal carload volumes have showed some recovery after
declining in consecutive weeks, railroad and Association of American
Railroads data showed Wednesday.
For the week ending March 25, the AAR reported 79,422 coal carloads
traveled US railways, up 3% from the previous week and up 19.8% from
the year-ago week. Counts had dropped about 8,000 carloads, or 9.5%,
in the two weeks before the gain.
Carload volumes year to date are up 16.1%, or about 141,000
carloads, compared to the first 12 weeks of 2016.
Canadian railroads -- which include the US operations of Canadian
National, which serves several mines in the Illinois Basin, and
Canadian Pacific -- originated 7,695
coal carloads, up
2.8% from the previous week but down 3.8% from the same week last
year.
Canadian coal volumes are up 0.1% year to date.
--Jim Levesque,
jim.levesque@spglobal.com
--Edited by Derek Sands,
derek.sands@spglobal.com
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