1115 ET - North American freight-railroad traffic rises 2.8% for the week ended Saturday despite continued steep drops in coal shipments. Carloads slip 1.1% on 12 reporting U.S., Canadian and Mexican railroads, while the volume of intermodal units rises 6.7%, data from the Association of American Railroads show. A 14% drop in coal carloads more than offsets double-digit gains in shipments of grain and chemicals. North American rail traffic is up 2% for the first 24 weeks of the year, AAR says. (colin.kellaher@wsj.com)
(END) Dow Jones Newswires
June 20, 2024 11:15 ET (15:15 GMT)
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