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mahatmakanejeeves

(57,417 posts)
Thu Sep 12, 2019, 12:39 PM Sep 2019

U.S. Rail Traffic Still Falling As Fall Approaches

Grain traffic took a hit.

September 11, 2019 Class I, Freight, Intermodal, News, Short Lines & Regionals
U.S. Rail Traffic Still Falling As Fall Approaches
Written by Andrew Corselli, Managing Editor

The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended September 7, 2019, and, for this week, total U.S. weekly rail traffic was 469,285 carloads and intermodal units, down 6.6% compared with the same week last year.

Manufacturing and goods trading must still be hurtingand the cooler weather certainly hasn’t cooled off the drops—as total carloads for the week ended September 7 were 238,988 carloads, down 5.6% compared with the same week in 2018, while U.S. weekly intermodal volume was 230,297 containers and trailers, down 7.5% compared to 2018.

Three of the 10 carload commodity groups posted an increase compared with the same week in 2018. They were chemicals, up 1,425 carloads, to 30,888; miscellaneous carloads, up 42 carloads, to 8,674; and petroleum and petroleum products, up 1 carload, to 11,653. Commodity groups that posted decreases compared with the same week in 2018 included commodities such as coal, down 5,965 carloads, to 79,446; grain, down 2,589 carloads, to 17,431; and nonmetallic minerals, down 2,524 carloads, to 32,734.

For the first 36 weeks of 2019, U.S. railroads reported cumulative volume of 9,110,692 carloads, down 3.4% from the same point last year; and 9,558,740 intermodal units, down 4% from last year. Total combined U.S. traffic for the first 36 weeks of 2019 was 18,669,432 carloads and intermodal units, a decrease of 3.7% compared to last year.


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The Velveteen Ocelot

(115,681 posts)
2. An awful lot of rail traffic consists of agricultural commodities
Thu Sep 12, 2019, 12:46 PM
Sep 2019

being shipped to west coast ports for shipment to China, and the delivery of goods from China being transported to points east. Trump's tariffs are going to hurt every single industry in the country.

elleng

(130,865 posts)
3. Interesting, and not a good thing (re: economy at large.)
Thu Sep 12, 2019, 12:46 PM
Sep 2019

Transport loads have been 'leading indicators.'

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