STAT Communications Ag Market News

Canada's Rail Traffic Rose in January

OTTAWA - Mar 30/16 - SNS -- Canadian railways carried 27.5 million metric tons (MT) of freight in January, up 3.7% from the same month last year, according to Statistics Canada.

Freight originating in Canada increased 6.4% to 25.0 million MT. These shipments are composed of both non-intermodal and intermodal freight.

Non-intermodal freight rose 5.9% to 273,000 carloads. The amount of freight loaded into these cars totalled 22.3 million MT in January, up 6.8% from the same month last year. The rise reflected an increase in freight loadings of iron ores and concentrates, up 2.2 million MT.

For the second consecutive month, the tonnage of coal, potash, and fuel oil and petroleum shipped by rail declined year over year.

Intermodal freight loadings rose 5.6% to 178,000 units in January. In terms of weight, intermodal traffic grew 3.3% to 2.6 million MT as a result of an increase in containerized cargo shipments.

Freight traffic received from the United States fell 17.8% to 2.5 million MT as a result of a decrease in both non-intermodal and intermodal shipments.

From January 2011 to January 2016, the total volume of rail freight carried in Canada increased 18.2%.

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