Kansas City Southern’s carloads in Week 23
The smallest Class I US railroad, Kansas City Southern (KSU), saw its carload traffic rise 3.8% YoY (year-over-year) in Week 23. This year, the US-Mexico railroad’s freight volumes have fluctuated. In Week 23, KSU’s carload traffic rose YoY to ~26,500 carloads from ~25,500, more than US railroads’ (XTN), which grew 2.8% YoY.
Kansas City Southern’s volumes excluding coal (ARCH) and coke comprised 84.5% of its carloads in Week 23 and expanded 7.5% YoY to ~22,400 units from ~20,800. Its coal and coke carloads contracted 12.4% YoY, by ~600 carloads to 4,100 units from 4,700.
Changes in KSU’s carload commodity groups
The following commodity groups’ volumes grew in Week 23:
- grain mill products
- motor vehicles and equipment
- pulp, paper, and allied products
- petroleum products
- stone, clay, and glass products
The following commodity groups’ volumes shrank in Week 23:
- crushed stone, sand, and gravel
- metals and products
- metallic ores
KSU’s intermodal volumes in Week 23
In contrast with other Class I railroads, Kansas City Southern’s intermodal volumes grew less than its carload volumes in Week 23. Its intermodal traffic expanded 3.1% to 20,000 containers and trailers from ~19,500. Container volumes, which dominate KSU’s intermodal traffic mix, grew 2.2% YoY to 19,650 from ~19,200. Its trailer volumes grew by a whopping 74.2% YoY to 432 units from ~250.
In Week 23, Kansas City Southern’s overall rail volumes including intermodal jumped 3.5%, almost matching US railroads’ (GWR) 3.6% YoY gain. In the next two parts, we’ll look at Canadian rail traffic, starting with Canadian National Railway (CNI).