Total railcars were just above 67,000 units that week, as compared to 73,700 one year previously.The company’s railcars excluding coal and coke recorded a 2.6% decline YoY. None of the 10 carload commodity groups posted an increase compared with the same week in 2019. Trains staffers reserve the right to edit or delete any comments. If you are already registered on TrainsMag.com, please log in below. stream
In Week 2, Norfolk Southern’s carload traffic grew for the fifth consecutive week. Commodities that recorded YoY falls in Week 2 volumes were food and kindred products, motor vehicles and equipment, forest products, and iron and steel scrap.Norfolk Southern’s intermodal traffic grew 7.1% YoY in Week 2 to 86,565 containers and trailers compared to 80,800 units in the previous year.
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Norfolk Southern weekly local leaving Mt Zion east 4 Peebles Oh, one week before closure of Peavine - Duration: 1:46. Sustainability The crew just arrived and started east for Peebles Ohio. endobj
/W͛XR"0+� The sharp decline in coal price led BTU to file Chapter 11 bankruptcy protection on April 13.Investors can consider the iShares Global Industrials ETF (EXI) for investment in the US railroads. The slowdown in US steel production has also negatively impacted the demand for metallurgical coal. The fall in NSC’s total railcars, when compared with the total US railcar decline, was almost in line with the latest reported week of 2016.NSC’s coal and coke traffic declined by 24% YoY in the week ending May 21, 2016. Norfolk Southern's "Weekly News Clips", includes excerpts from an article in the New York Times fromSunday, April 3, 1994, titled "A Fairy-Tale Ending Derailed", by Barry Meier. US-originated Class I railroads are included in the portfolio holdings of EXI.In the week ending May 21, 2016, the advancing commodity groups included the following:The major laggards in the same week were chemicals, pulp, paper and allied products, non-metallic minerals, petroleum products, and grain mill products.In the next part, we’ll check in with Norfolk Southern’s intermodal volumes.Soft Volumes Ruin Railroads' Q2 Earnings Show: What Next?Why Nautilus’ blowout quarter could be good news for PelotonCoronavirus stimulus checks: Here's why there's no second round in Trump's executive ordersFed lowers pricing for emergency loans to state, local governmentsWhy this NYC restaurant is closing its doors and relocating to DenverGold Posts Biggest Drop in Seven Years on Rising U.S. YieldsCoronavirus: UK economy officially enters recession after record 20.4% contractionPapa John's CEO: Franchisees think our brand is 'pandemic proof'Stock market news live updates: Stock futures open higher; Moderna, Tesla shares soar in late tradingRetail investors have seen huge gains as S&P 500 nears pre-pandemic high'What you're seeing in financials is a knee jerk of higher rates': Jim Bianco <<
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Dwell for a single car is the total time, in hours, that a car spent in a given terminal. The company’s container traffic expanded 7.3% YoY to 77,973 units from 72,671 units. %PDF-1.6
This statistic shows the carloads of Norfolk Southern Corporation from the fiscal year of 2013 through the fiscal year of 2019.
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Source: Kansas City Southern weekly carloads and intermodal units carried and personal database Kansas City Southern led all Class Is with only a -2 percent decline in carloads … 5 0 obj
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Get our weekly newsletter delivered to your inbox Moreover, its trailer volumes increased 5.7% YoY to 8,592 units from 8,129 units in Week 2 of 2018.All Class I railroad companies registered YoY improvements in their intermodal unit volumes except Kansas City Southern Next, we’ll discuss Union Pacific’s rail traffic trends. /CropBox[ 0 0 595.0 841.0 ]
Norfolk Southern reported a five-week high 8,669 coal cars loaded in the latest week, up 3.7% from the prior week, but down 26.5% year on year. During the week, the Eastern US railroad company’s carload traffic rose 9.9% YoY to 67,463 railcars compared to 61,358 in Week 2 of 2018.
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