uploads/2018/10/KSU-C-2-1.png

Kansas City Southern: Lowest Gainer in Week 41 Rail Traffic

By

Updated

KSU’s carload traffic in Week 41

Kansas City Southern (KSU) is the smallest Class I railroad with a railroad network spread in Mexico. In Week 41, KSU posted a 2.4% YoY (year-over-year) decline in carload traffic. It hauled ~24,700 railcars sans intermodal units in the week compared to ~25,300 units in Week 41 of 2017. Compared with the 0.4% YoY growth posted by US railroads, the smallest Class I railroad’s carloads trended in reverse direction in the week.

Article continues below advertisement

Kansas City Southern’s carload traffic loss was the second-highest among all Class I railroads. Union Pacific (UNP) and Norfolk Southern (NSC) also reported lower YoY carload traffic in Week 41. Canadian National Railway (CNI) with 5.7% YoY carload gains in Week 41 was the top gainer among all Class I railroads.

Commodities sans coal and coke carloads made up 85.6% of KSU’s total carload traffic in Week 41. Coal and coke railcars made up 14.4% of total carloads. Commodities excluding coal and coke reported 3.8% YoY traffic growth in the week to ~21,100 railcars from ~20,300 units in Week 41 of 2017. Coal and coke traffic declined ~28.1% YoY in the week to ~3,600 railcars from ~4,900 units.

Changes in KSU’s carload commodity groups

These carload commodity groups posted shipment growth in Week 41:

  • grain
  • crushed stone, sand, and gravel
  • food and kindred products

These carload commodity groups posted lower volumes in Week 41:

  • pulp, paper, and allied products
  • chemicals and allied products
  • petroleum products
  • stone, clay, and glass products
  • metals and products
  • motor vehicles and equipment

KSU’s intermodal traffic

Kansas City Southern had a 3.6% YoY intermodal volume growth in Week 41. It hauled ~22,300 containers and trailers in the week compared to ~21,600 units in the same week in 2017. KSU’s container traffic grew ~3.5% YoY to ~22,000 units in the week from ~21,300 units. Its trailer volume rose 7.5% YoY to 328 units from 305 units.

Kansas City Southern’s 0.3% YoY rail traffic (XTN) growth in Week 41 was much lower than the 1.7% gains by US railroads.

Next, let’s take a close look at Canadian National Railway’s rail traffic.

Advertisement

More From Market Realist