X
<

US Rail Freight Traffic in Week 43: Another Mixed Bag

PART:
1 2 3 4 5 6 7 8
Part 2
US Rail Freight Traffic in Week 43: Another Mixed Bag PART 2 OF 8

Where BNSF Railway’s Shipments Stood amid the Industry in Week 43

Week 43: BNSF Railway’s carloads

In the week ended October 28, 2017, BNSF Railway (BRK-B) reported a 3.5% decline in railcar volumes. This shipment drop was in line with the volume loss reported by US railroads in that week. Railcar volumes fell to ~96,000 units, compared with ~99,000 railcars in the week ended October 29, 2016.

Where BNSF Railway&#8217;s Shipments Stood amid the Industry in Week 43

Interested in DOW? Don't miss the next report.

Receive e-mail alerts for new research on DOW

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

In the 43rd week of 2017, the fall in carloads other than coal and coke triggered a freight volume loss for BNSF Railway. These carloads fell 17.8% to ~52,000 units, compared with 63,400 in the corresponding week of last year.

However, coal and coke carloads saw a strong 21.5% growth in volume, reaching ~44,000 units, compared with ~36,000 units during the same week last year.

Notably, the coal volume growth of BNSF Railway and Union Pacific (UNP) has been shrinking in the past few weeks. Coal accounts for the highest share in BNSF’s total carloads among all class-I railroads. In the 43rd week, coal accounted for 45.4%, compared with 36.1% in the corresponding week of last year.

Change in commodity groups

The commodity groups that reported volume gains in the 43rd week include:

  • grain
  • chemicals (DOW)
  • motor vehicles (TSLA)
  • metallic ores
  • sand and gravel
  • grain mill products

The commodity groups with lower volumes in the same week include:

  • food
  • petroleum products (UNG)
  • metals

Where BNSF Railway&#8217;s Shipments Stood amid the Industry in Week 43

BNSF’s intermodal volumes

BNSF Railway’s intermodal volumes grew 5.5% in the 43rd week of 2017, and intermodal traffic grew to over 105,000 trailers and containers, compared with ~100,000 units in the 43rd week of 2016.

BNSF Railway saw its container volumes expand 4.5% to ~93,000, compared with ~89,000 units in the 43rd week of 2016. Trailers accounted for over 10% of intermodal volumes, reporting 13.7% higher volumes.

In the next part, we’ll move on to Union Pacific (UNP).

X

Please select a profession that best describes you: