Canadian Pacific leads industry volume for second straight year

Trains Industry Newsletter
Get a weekly roundup of the industry news you need.
By signing up you may also receive occasional reader surveys and special offers from Trains magazine. View our privacy policy.
Chart showing railroad volume changes for 2020

In a year when all of the big Class I railroads lost volume due to the economic impact of the pandemic, Canadian Pacific came out on top.

CP’s volume declined 2.2% in 2020, well above the average 6.8% decline of the big six systems, according to a Trains News Wire review of the railroads’ weekly carload reports. CP led the big six systems in volume growth in 2019, too.

CSX Transportation, which placed second with a 5.7% decline in overall traffic in 2020, posted the largest intermodal gain in the industry. The railroad’s intermodal volume grew 1.5%. CP, at a 0.3% gain, was the only other railroad in positive intermodal territory.

Canadian National, with an overall volume decline of 6.1%, was the only other railroad above the industry average.

In the western U.S., Union Pacific edged out BNSF Railway. UP’s traffic fell 7% for the year, while BNSF’s declined 7.6%.

The cellar dweller for the year was Norfolk Southern, which suffered the deepest declines in intermodal, carload, and coal traffic. Its overall volume was down 11.9%.

Leave a Comment
Want to leave a comment?
Only registered members of are allowed to leave comments. Registration is FREE and only takes a couple minutes.

Login or Register now.
Please keep your feedback on-topic and respectful. Trains staffers reserve the right to edit or delete any comments.


The Genesee & Wyoming 

Newsletter Sign-Up

By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our privacy policy
Subscribe Up To 58% off the newsstand price!
Subscribe To Trains Mag Today