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US weekly coal loadings average 54.3 trains/d, first increase in six weeks: STB

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US weekly coal loadings average 54.3 trains/d, first increase in six weeks: STB

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CAPP average daily loadings reach a six-year low

Daily loadings average 33 trains over 22 weeks

Houston — Weekly US coal loadings averaged 54.3 trains/day in the week ended May 29, up 3.6 trains from the previous week, Surface Transportation Boards data showed June 5.

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It was the first weekly increase in six weeks.

Loadings were down 33 trains/d from the same week a year ago.

Loadings averaged 69.5 trains/d over the 22 weeks of 2020.

Only loadings from the Powder River Basin and the Illinois Basin rose from the previous week.

PRB loadings increased 4.8 trains/d from last week to 36.2 trains/d, the most daily loadings since the week that ended April 2. Loadings declined 14.8 trains/d from the same week a year ago. For the 22 weeks of 2020, loadings averaged 39 trains/d

IB loadings averaged 3.4 trains/d, up 1 train/d from the prior week, but down 3.2 trains/d from year-ago levels. Over the 22 weeks of 2020, IB loadings averaged 4.1 trains/d.

Northern Appalachian loadings averaged 3.5 trains/d in the most recent week, the fewest loadings since July 7. Loadings dipped 0.9 train/d from the week prior, while NAPP loadings fell 7.3 trains/d from the same period a year ago. Loadings averaged 8.2 trains/d so far in 2020.

Loadings in the Central Appalachian basin averaged 7.4 trains/day, the lowest level since S&P Global Platts began collecting data in 2014. Loadings were down 1.6 trains/d from the prior week and 10.4 trains/d from the same week a year ago. So far in 2020, CAPP loadings averaged 12.3 trains/d.

In other basins, loadings averaged 3.8 trains/d, down 0.9 train/d from the previous week and 2.9 trains/day from the same week a year ago. Loadings through the 22 weeks of 2020 averaged 5.9 trains/d.