Traffic originated

Railway Age, Nov, 2004

TRAFFIC ORIGINATED

CARLOADS                      WEEK 41 ENDING OCTOBER

MAJOR U.S. RAILROADS
By commodity                     2004       2003    % Change
Agricultural products          43,155     43,993       -1.9%
Chemicals                      36,191     35,233        2.7%
Coal                          138,539    137,654        0.6%
Forest products                17,993     17,169        4.8%
Metallic ores & min.           35,912     32,417       10.8%
Motor veh. & equip.            24,152     25,613       -5.7%
Nonmetallic min. & prod.       42,906     40,072        7.1%
Other carloads                 15,376     15,147        1.5%
Total cars loaded             354,224    347,298        2.0%

CANADIAN RAILROADS
By commodity                     2004       2003    % Change
Agricultural products          14,719     14,342        2.6%
Chemicals                      14,577     13,866        5.1%
Coal                            8,506      8,624       -1.4%
Forest products                10,801     10,191        6.0%
Metallic ores and min.          4,931      4,482       10.0%
Motor veh. & equip.             6,760      7,012       -3.6%
Nonmetallic min. & prod.        5,379      5,280        1.9%
Other carloads                  1,955      1,943        0.6%
Total cars loaded              67,628     65,740        2.9%

U.S./Canadian total           421,852    413,038        2.1%

U.S. TOTAL                    41 weeks: 13,787,884 * % change from
                                2003: 3.0%
CANADIAN TOTAL                41 weeks: 2,745,241 * % change from
                                2003: 7.9%
U.S./CANADIAN TOTAL           41 weeks: 16,533,125 * % change from
                                2003: 3.8%

MEXICO (TFM reporting)
All commodities                 9,447      8,277       14.1%
TOTAL                         41 weeks: 355,920 * % change from
                                2003: 2.8%

INTERMODAL
UNITS                         WEEK 41 ENDING OCTOBER 16, 2004

U.S. TRAFFIC
Trailers                       61,956     57,532        7.7%
Containers                    169,299    153,705       10.1%
Total units                   231,255    211,237        9.5%

CANADIAN TRAFFIC
Trailers                        2,584      3,766      -31.4%
Containers                     39,891     36,665        8.8%
Total units                    42,475     40,431        5.1%

U.S./Canadian total           273,730    251,668        8.8%

U.S. TOTAL                    41 weeks: 8,606 * % change from
                                2003: 9.5%
CANADIAN TOTAL                41 weeks: 1,714,170 * % change from
                                2003: 0.2%
U.S./CANADIAN TOTAL           41 weeks: 10,320,602 * % change from
                                2003: 7.9%

MEXICO (TFM reporting)
Trailers                          543        592       -8.3%
Containers                      3,731      2,878       29.6%
Total units                     4,274      3,470       23.2%

TOTAL                         41 weeks: 152,185 * % change from
                                2003: 5.7%

Estimated ton-miles (billions),
                              U.S. Class I railroads
Week 41                          2004       2003    % Change
                                33.1       32.4         2.2%

Totals 2004                   2004: 1,248.1 * 2003: 1,200.3 *
                                % change: 4.0%

Source: "Weekly Railroad Traffic," Association of America Railroads