US coal carloads counts fall 12.5% week on week, drop 20.1% year on year

5 Jan 2017   Coal

US coal carload volumes fell in the final week of 2016, putting year-end totals 20.1% below 2015 counts, railroad and Association of American Railroads data showed Wednesday. For the week that ended Saturday, the AAR reported 68,939 coal carloads traveled US railways, down 12.5% from the previous week but up 3.3% from the same week a year ago. Total 2016 volumes of nearly 4.1 million carloads slid 1.03 million st, or 20.1%, from the previous year. Canadian railroads — which include the US operations of Canadian National, which serves several mines in the Illinois Basin, and Canadian Pacific — originated 7,176 coal carloads for the week, up 2.7% from the prior week and 6.4% from the same week a year ago. Article continues below… Platts Coal Trader provides the latest prices for key benchmark coals, as well as: Daily pricing for tons and allowances for SO2 and NOx emissions […]

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