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Weak intermodal hurt CN’s traffic levels

(Source: Market Realist, June 24, 2019)

NEW YORK — Weak intermodal volumes hurt Canadian National Railway’s overall rail traffic in Week 24. The company’s intermodal volume fell 1.2% YoY to 50,878 units from 51,486 units in Week 24 of 2018. Among the seven Class I railroad companies, six recorded intermodal volume declines during Week 24. CSX registered the highest fall of 11.5%. Canadian Pacific Railway was the only company to report an intermodal volume gain of 5.8%.

Full story: Market Realist

Tuesday, June 25, 2019

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