Monday, August 12, 2019

AAR: July Rail Carloads down 4.8% YoY, Intermodal Down 6.1% YoY

From the Association of American Railroads (AAR) Rail Time Indicators . Graphs and excerpts reprinted with permission . Continuing economic uncertainty, fueled in great measure by ongoing trade disputes and worrisome economic weakness around the globe - combined with low natural gas prices and the shift from coalfired electricity in the United States - to produce another month of disappointing rail traffic in Mexico and the United States, while Canada achieved moderate growth in its intermodal traffic. Carload and intermodal traffic fell by 4.8% and 6.1%, respectively, in the United States in ......(read more)
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