Weekly US coal carload originations totaled 50,742 in the week ended Dec. 26, down 12.5% from the previous week, Association of American Railroads data showed Dec. 30. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Year on year, originations fell 15.9% — the largest year-on-year decline in six weeks. Additionally, it was the largest week-on-week drop in 2020. Coal originations produced 12.5% of total US rail traffic, the largest percentage in five weeks. The five-year average for week 52, is 65,451, leaving the most recent week at a 22.5% deficit, which was the smallest in 40 weeks. The 2020 weekly average number of originations is 57,976, compared with 76,926 in 2019. Originations totaled just over 3 million in 52 weeks, down 24.6% in the 2019 period. Canadian coal carload originations totaled 6,553, down 20.5% from the week before and down 6.9% […]

Posted in: USA