Weekly Rail Charts – November 28, 2022

Lumber Futures

CN car velocity holding steady above 2021 and 2020 levels however, seasonally we should see the velocity decrease heading into winter… Originated rail traffic data for Canada saw a nice uptick and is in the middle of 2020 and 2021 levels. The US charted slightly lower and is still holding below 2020 and 2021 levels….

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