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Weekly US coal carload volumes climb to curb recent skid: AAR

Houston (Platts)--29 Mar 2017 551 pm EDT/2151 GMT


Total US coal carload volumes have showed some recovery after declining in consecutive weeks, railroad and Association of American Railroads data showed Wednesday.

For the week ending March 25, the AAR reported 79,422 coal carloads traveled US railways, up 3% from the previous week and up 19.8% from the year-ago week. Counts had dropped about 8,000 carloads, or 9.5%, in the two weeks before the gain.

Carload volumes year to date are up 16.1%, or about 141,000 carloads, compared to the first 12 weeks of 2016.

Canadian railroads -- which include the US operations of Canadian National, which serves several mines in the Illinois Basin, and Canadian Pacific -- originated 7,695 coal carloads, up 2.8% from the previous week but down 3.8% from the same week last year.

Canadian coal volumes are up 0.1% year to date.

--Jim Levesque, jim.levesque@spglobal.com

--Edited by Derek Sands, derek.sands@spglobal.com


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