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US coal rail deliveries remain off 34% year-to-date, output depressed

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US coal rail deliveries remain off 34% year-to-date, output depressed

TotalU.S. coal rail deliveries for the week ended April 23 plunged 40.1% to 58,837 carloadscompared with the same week in 2015, according to data from the Association of AmericanRailroads. Total rail deliveries are down34% year-to-date.

Totalrail traffic for the week was 491,946 carloads and intermodal units, decreasing11.7% compared to the same week in 2015. During the week, 230,599 carloads weretransported, a 17.1% decline from the prior year's delivery. U.S. weekly intermodalvolume was 261,347 containers and trailers, down 6.3% compared to the year-ago week.

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 BNSFRailway Co.'s data showed that it shipped 23,324 coal carloads in theweek ended April 23, slipping from last week's 24,335 carloads and falling 47% comparedto the previous year's weekly delivery.

data showed thatthe company transported 15,155 carloads, marginally down from last week's 15,725carloads and dropping 31.8% compared to the year-ago week.

Easternrailroad CSX Transportation Inc.moved 13,068 coal carloads for the week, declining from the prior week's 14,677carloads and largely behind by 36.1% from the comparable period a year ago.

delivered13,375 coal carloads, falling from the prior week's 15,576 carloads, and representeda significant 37% drop from last year's weekly shipment.

Datafrom Kansas City Southern Railway Co.showed that total weekly coal carloads were at 1,359, improving from 1,335 carloadslast week. The railroad serves 10 U.S. states and Mexico.

Domestic output slump continues

Accordingto data from the U.S. Energy Information Administration, estimated U.S. coal productionfor the week ended April 23 plunged 38.7% to approximately 10.3 million tons, comparedto nearly 16.9 million tons in 2015.

For the52 weeks ended April 23, production was reported at nearly 793.5 million tons, a19.4% contraction from last year's output, the EIA data showed. Year-to-date coaloutput represented a 32.8% decline at about 200.0 million tons through April 23.

The Westernregion's coal production for the week reached 6.0 million tons, 36.2% behind theprevious year's almost 9.4 million tons. Data for the Western region covers PowderRiver Basin mines.

Coalproduction from Appalachian mines for the week posted a dramatic plunge of 43.7%year over year to 2.5 million tons, compared with nearly 4.4 million tons in 2015.

For theInterior region, weekly total coal production toppled 39.3% to 1.9 million tons,from 3.1 million tons a year ago. Interior region data covers mines in the IllinoisBasin.

The EIA'sproduction data is derived from rail carload estimates.

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