North American Rail Traffic Down for Week Ended October 17, 2009

Chemicals sector rail traffic in North America declined 9.9% year-on-year last week, to 38,924 cars, according to the Association of American Railroads (AAR). U.S. traffic was down 7.2%, to 26,195 cars. Canadian traffic was down 18% to 11,622 cars, while Mexican traffic increased 37.7% to 1,107 cars. Traffic declined sequentially from the prior week's totals, as well, AAR says. Year-to-date the North American chemicals sector has seen 1,600,179 cars of rail traffic, a 15.6% decline from 2008. Overall, freight rail traffic totaled 356,984 cars last week, a 13.8%...

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