US railroads starts off year at 16% weekly decline in traffic
The Association of American Railroads (AAR) reports US rail traffic down 16% Y/Y to 440,761 carloads and intermodal units for the week ending January 8, 2022.
Total carloads for the week were 210,020, down 10.6% while intermodal volume stood at 230,741 containers and trailers, down 20.4% Y/Y.
1 of the 10 carload commodity groups posted an increase that includes nonmetallic minerals, up 207 carloads, to 25,613. On the other side, grains were down 5,652 carloads, to 21,952; coal, down 5,638 carloads, to 54,916; and metallic ores and metals, down 3,661 carloads, to 19,853.
North American rail volume for the week on 12 reporting U.S., Canadian and Mexican railroads totaled 288,324 carloads, down 13% Y/Y. 
It includes Canadian railroads traffic of 60,301 carloads for the week, down 22.7% and 56,857 intermodal units, down 23% Y/Y; whereas, Mexican railroads reported 18,003 carloads for the week, down 2.6% Y/Y and 11,386 intermodal units, down 26.9% from the same point last year.
Berkshire Hathaway (BRK.A, BRK.B) rank among the least crowded U.S. large caps while hedge funds are tracked on bailing out of tech positions at the fastest pace in a decade.

Related tickers: Canadian National Railway (NYSE:CNI), CSX Corporation (NASDAQ:CSX), Union Pacific (NYSE:UNP), Norfolk Southern (NYSE:NSC), Union Pacific (UNP), and Brookfield Infrastructure Partners (BIP,BIPC).