(Source: Market Realist, June 17, 2019)
NEW YORK — In Week 23, Canadian National Railway’s (CNI) total traffic volumes improved 1.2% YoY (year-over-year) to 117,789 railcars from 116,381 railcars. Five of the seven Class I railroad companies registered YoY declines in their freight rail traffic during the week. Norfolk Southern (NSC) recorded the highest fall of 9.7%. Apart from Canadian National Railway, Canadian Pacific Railway (CP) reported rail traffic growth of 2.2%.
Full story: Market Realist