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US coal rail traffic up 1.1% in first week of 2019

Total U.S. coal rail traffic for the week ended Jan. 5 climbed 1.1% year over year to 70,807 carloads, according to data from the Association of American Railroads.

Year-to-date coal rail traffic increased 1.1% through the week, while total rail traffic for the week grew 4.8% year over year to 436,103 carloads and intermodal units.

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BNSF Railway Co. coal shipment volumes clocked in at 29,004 carloads in the week ended Jan. 5, sliding 10.4% from the previous week's 32,357 carloads and falling 12.6% from 33,174 carloads in the year-ago week.

Union Pacific Corp.'s coal shipment volumes this week were at 19,412 carloads, gaining 1.3% from 19,172 carloads the previous week but 3.7% below the previous year's weekly volume of 20,154.

Eastern railroad CSX Transportation Inc.'s shipment volumes of coal stood at 13,878 carloads, jumping 30.3% from the previous week's 10,648 carloads and up 35.4% compared to 10,251 carloads the same week in the previous year.

Norfolk Southern Corp.'s coal shipment volumes totaled 18,241 carloads for the week, increasing 31.5% from the previous week's 13,868 carloads and surging 56.6% compared to 11,650 carloads the same week a year ago.

Kansas City Southern's latest weekly coal shipment volume was 2,544 carloads, rising 8.7% from 2,340 carloads the previous week. The railroad serves 10 U.S. states and Mexico.

Data collected by S&P Global Market Intelligence from railroads indicate both cars originated on their lines during the week and cars received from a connecting railroad during the same week.