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Weekly coal output plunges, year-to-date domestic production off by a third


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Weekly coal output plunges, year-to-date domestic production off by a third

TotalU.S. coal rail deliveries for the week ended April 9 posted a massive drop of44.9% to 58,166 carloads compared with the same week in 2015, according to datafrom the Association of American Railroads.

Totalrail traffic for the week was 479,059 carloads and intermodal units, falling14.1% compared to the same week in 2015. During the week, 229,704 carloads weretransported, a 20% drop from the prior year's delivery. U.S. weekly intermodalvolume was 249,355 containers and trailers, down 7.8% compared to the year-agoweek.

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's shipmentswere reported at 22,646 coal carloads in the week ended April 9, down from lastweek's 25,636 carloads and showed a massive 51.3% decline from last year'sweekly delivery.

data showedthat the company transported 15,359 carloads, improving from the previous week's13,709 carloads but posted a 40.8% plunge compared to the year-ago week.

Easternrailroad CSX Transportation Inc.moved 11,663 coal carloads for the week, tumbling from the prior week's 15,967carloads and substantially behind by 46.5% from the comparable period of lastyear.

delivered14,084 coal carloads, a marginal decrease from the previous week's 14,191carloads, and showed a 36.7% weakening from last year's weekly shipment.

Datafrom Kansas City Southern RailwayCo. showed that total weekly coal carloads were at 827, up from 786carloads last week. The railroad serves 10 U.S. states and Mexico.

Year-to-date output recoveryunseen, down 32.2%

Accordingto data from the U.S. Energy Information Administration, estimated U.S. coalproduction for the week ended April 9 showed a massive decrease of about 43.4%to roughly 10.2 million tons, compared to the previous year's almost 18.1million tons.

Forthe 52 weeks ended April 9, production was reported at nearly 806.0 milliontons, an 18.5% cutback from last year's production, the EIA data showed.Year-to-date coal output represented a 32.2% decline at 178.5 million tonsthrough April 9.

TheWestern region's coal production for the week reached 5.9 million tons, 41.6%behind the previous year's almost 10.1 million tons. Data for the Westernregion covers Powder River Basin mines.

Coalproduction from Appalachian mines for the week was significantly down by 47.6%year-over-year to 2.5 million tons, compared with nearly 4.7 million tons in2015.

Forthe Interior region, weekly total coal production was 1.9 million tons,dwindling 43.3% from 3.3 million tons a year ago. Interior region data coversmines in the Illinois Basin.

TheEIA's production data is derived from rail carload estimates.

Data collected by S&PGlobal Market Intelligence from railroads indicate both cars originated ontheir lines during the week and cars received from a connecting railroad duringthe same week.