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US grain rail shipments fall 3.3% on year: AAR data

US rail transportation of grain products for the week ended March 3 totaled 23,198 cars, down 3.3% compared with the year-ago week, Association of American Railroads data showed Wednesday.

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Rail transportation of chemical products rose 6.1% year on year to 33,983 cars, the data showed. AAR designates fuel-grade ethanol as a chemical product.

Cumulatively, grain product shipments have totaled 195,954 in 2018, down 5.6% compared with 2017. Chemical product shipments totaled 284,856 cars, 1.8% higher than 2017, AAR said.

Total carloads last week saw a 1.3% year-on-year increase to 264,659 cars, AAR said. Including total carloads and intermodal units -- which totaled 279,535 units -- total US railroad traffic reached 544,194, 5.8% higher year on year, it said.

Through nine weeks, total 2018 traffic was up 1.5% from 2017, according to AAR.

--Wes Swift, wesley.swift@spglobal.com
--Edited by Derek Sands, derek.sands@spglobal.com