Domestic coal rail traffic down 33.5% for week ended May 7

Coal traffic on U.S. railroads was down 33.5% to 62,394 carloads for the week ended May 7, the Association of American Railroads (AAR) reported on May 11.

For the first 18 weeks of 2016, U.S. coal rail traffic has averaged 69,136 carloads, which is a decline of 34.1% from the first 18 weeks of 2015.

The market collapse is also evident in Canada and Mexico as well.

North American coal carload traffic on the railroads was down 33% year-on-year for the week ended May 7 at 68,335 carloads.

The cumulative North American coal rail traffic for the first 18 weeks of 2016 has averaged 76,353 carloads, which is a 32.6% decrease from the same point in 2015.

 

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.