November 1, 2014

Rails post highest weekly coal carloads of year

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U.S. railroads hauled the highest number of carloads so far this year in the week that ended Saturday (Aug. 2), partly driven by low stockpiles at US utilities and pressure from producers to move more coal.

The Association of American Railroads said Thursday (Aug. 7) that weekly coal carloads originated on all U.S. railroads totaled 116,881, up 0.1 percent from the same week a year ago and 0.8 percent from the prior week. It was the highest number of carloads since 118,391 for the week that ended Sept. 14, 2013.

Read the complete article at Platts.