US coal carload originations fell to a 10-year low of 52,468 in the week ended April 11, down 8.8% from 57,504 a week earlier and 36.1% lower than the year-ago week, the Association of American Railroads said Wednesday. The latest total was also down 34.8% from the five-year average and was the lowest for the corresponding week in over 10 years. Coal carloads represented 12.7% of all the traffic on US railways, down from 13.4% a week earlier and 15.5% in the year-ago week, according to the data. Since January 1, cumulative coal carloads were at 943,514, down 18.5% from the same period a year ago. Coal originations on Canadian railroads – including the US operations of Canadian National, which […]