Canadian railways’ total tonnage was down 11,8% in July

Statistics Canada reports reports that loadings of fuel oils and crude petroleum saw the largest decline in July

Statistics Canada announced that railway carloadings remained below pre-pandemic levels in July, despite the rebound in trade with the United States.

Canadian railways carried 29.7 million tonnes of freight in July, a decrease of 11.8% compared with July 2019. Low demand for raw minerals and hydrocarbon freight was responsible for this decline.

The Federal Agency reports that loadings of fuel oils and crude petroleum saw the largest decline in July, dropping 67.1% (-1.4 million tonnes) compared with the same month in 2019.

Loadings of agriculture and food products were up in July, with larger year-over-year increases in carloadings of wheat (+34.6% or +626 000 tonnes), canola (+82.3% or +547 000 tonnes) and other cereal grains (+69.8% or +146 000 tonnes).

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