STAT Communications Ag Market News

Rail Freight Traffic Dips

OTTAWA - Mar 25/15 - SNS -- Freight hauled by Canadian railways dropped 1.3% from last year to 25.8 million metric tons (MT) in January, according to Statistics Canada.

Domestic rail freight originating in Canada and destined within Canada and other parts of the world fell 1.0% to 22.6 million MT. These shipments are composed of non-intermodal freight (that is, cargo moved via box cars or loaded in bulk) and intermodal freight (that is, cargo moved via containers and trailers on flat cars).

Non-intermodal freight decreased 1.2% to 249,000 carloads. The amount of freight loaded into these cars totalled 20.0 million MT, down 2.1%. The decline was attributable to a drop in freight loadings in several commodity groupings, particularly iron ores and concentrates (down 907 000 MT) and coal (down 533 000 MT).

Intermodal freight loadings rose 9.5% to 177,000 units in January. From a tonnage perspective, traffic advanced 8.2% to 2.7 million MT. The gain stemmed from an increase in containerized cargo shipments.

Traffic received from the United States fell 3.6% to 3.2 million MT. The drop was the result of a decrease in both non-intermodal and intermodal shipments.

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