U.S. freight traffic for the week ended March 14 fell 15% from the comparable week a year ago, the Association of American Railroads reported, though traffic was up 1.5% from the previous week. U.S. intermodal volume dropped an even steeper 18.3%. Total volume was estimated at 29.6 billion ton-miles, down 14.0% from the comparable week in 2008. Canadian freight traffic fell 21.4% for the week compared with year-ago levels, while intermodal declined 11.3%. Mexico's two major railroads, however, reported freight traffic rose 15.2% for the week compared with a year ago, while intermodal declined a relatively modest 4.3%.
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