Comparing Norfolk Southern’s Railcar Traffic in Week 16



NSC’s carload traffic in Week 16

Eastern US rail carrier Norfolk Southern‘s (NSC) carload traffic rose 4.6% YoY (year-over-year) in Week 16. Excluding intermodal, the company’s rail traffic rose YoY from ~68,600 units to ~71,700.

Norfolk Southern’s prime competitor in the eastern United States, CSX (CSX), also reported carload traffic growth, of 1.6%. The Norfolk-headquartered rail giant’s traffic growth has been consistently higher than CSX’s this year. In Week 16, NSC’s carload volumes grew slightly more than US railroads’ (GWR), which rose 3.5%.

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In Week 16, carloads other than coal and coke (ARCH) accounted for 69.8% of NSC’s total carloads, whereas coal-and-coke carloads comprised 30.2%. The company’s other than coal and coke carloads rose 2.6% YoY to ~50,000 units from ~48,800. Its coal-and-coke carloads rose 9.3% YoY to ~21,600 units from ~19,800. In comparison, competitor CSX’s coal carloads grew by double digits, by 11.4%.

Changes in NSC’s carload commodity groups

The following commodity volumes rose in Week 16:

  • chemicals
  • crushed stone, sand, and gravel
  • motor vehicles and equipment
  • petroleum products
  • non-metallic minerals

The following commodity volumes fell in Week 16:

  • grain mill products
  • grain
  • metals and products
  • pulp, paper, and allied products
  • stone, clay, and glass products

Intermodal volumes in Week 16

Norfolk Southern’s intermodal volumes witnessed solid double-digit gains in Week 16, rising 14.2% from 73,600 containers and trailers to ~84,100. CSX recorded mid-single-digit gains in the same category. Norfolk Southern’s container traffic expanded 12.3% YoY to ~75,800 units from ~67,500. Trailer traffic, which accounts for ~10% of NSC’s intermodal traffic, rose 36.4% YoY to ~8,300 trailers from ~6,100.

Norfolk Southern’s railcar volumes including intermodal rose 2.9%, almost in line with the 3% gain reported by US railroads (XLI). In the next article, we’ll cover CSX’s railcar traffic.


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