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US weekly coal rail traffic slips 14.2% YOY

Total U.S. coal rail traffic for the week ended Oct. 12 slipped 14.2% year over year to 73,902 carloads, according to data from the Association of American Railroads.

Year-to-date coal rail traffic for the week totaled 78,306 carloads, down 7.2% year over year, while total rail traffic for the week decreased 7.0% year over year to 510,820 carloads and intermodal units.

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BNSF Railway Co. coal shipment volumes clocked in at 35,598 carloads in the week ended Oct. 12, down 4.1% from the previous week's 37,116 carloads and down 7.8% from 38,604 carloads in the year-ago week.

Union Pacific Corp. coal shipment volumes this week totaled 15,733 carloads, down 6.6% from 16,845 carloads the previous week and dropping 21.4% compared to the previous year's weekly volume of 20,011 carloads.

Eastern railroad CSX Transportation Inc. coal shipment volumes totaled 14,306 carloads, falling 6.7% from the previous week's 15,328 carloads and 17.0% compared to 17,230 carloads in the same week of the previous year.

Norfolk Southern Corp. coal shipment volumes totaled 14,429 carloads for the week, falling 11.0% from the previous week's 16,207 carloads and dropping 19.8% compared to 17,994 carloads in the year-ago period.

The latest weekly coal shipment volumes for Kansas City Southern were 3,480 carloads, up 58.7% from 2,193 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.