AAR: Weekly US Petroleum, Product Carloads Up vs Year Ago
5/15 11:27 AM
AAR: Weekly US Petroleum, Product Carloads Up vs Year Ago OAKHURST, N.J. (DTN) -- The Association of American Railroads data show petroleum and petroleum product carloads totaled 10,996 in the week-ended May 11, 15.9% above the same week in 2023. Year to date, petroleum and petroleum products carloads totaled 193,066, 9.9% above the corresponding period in 2023. AAR reports total U.S. weekly rail traffic was 468,748 carloads and intermodal units in the week profiled, up 0.6% compared with the same week last year. Total carloads for the week-ended May 11 were 209,319 carloads, down 7% compared with the same week in 2023 while U.S. weekly intermodal volume was 259,429 containers and trailers, up 7.7% compared to 2023. For the first 19 weeks of 2024, U.S. railroads reported cumulative volume of 4,045,438 carloads, down 4.9% from the same point last year, and 4,796,341 intermodal units, up 8.7% from last year. Total combined U.S. traffic for the first 19 weeks of 2024 was 8,841,779 carloads and intermodal units, an increase of 2% compared to last year. North American rail volume on 10 reporting U.S., Canadian and Mexican railroads for the week ended May 11 totaled 321,482 carloads, down 2.6% compared to the same week last year, and 345,901 intermodal units, up 7.4% compared with last year. Total combined weekly rail traffic in North America was 667,383 carloads and intermodal units in the week under review, up 2.3%. North American rail volume for the first 19 weeks of 2024 was 12,481,187 carloads and intermodal units, up 2.1% compared with 2023. (c) Copyright 2024 DTN, LLC. All rights reserved.