AAR: February Rail Carloads down 7.3% YoY, Intermodal Down 8.9% YoY

From the Association of American Railroads (AAR) Rail Time Indicators . Graphs and excerpts reprinted with permission . Total U.S. rail carloads fell 7.3% (73,058 carloads) in February 2020 from February 2019, their 13th straight decline, but the decline disappears if you take away coal and grain (whose carloads tend to rise or fall for reasons that have little to do with the state of the economy). ... U.S. intermodal originations fell 8.9% (96,897 units) in February 2020 and 7.0% (167,978 units) in the first two months of 2020. Around half of U.S. intermodal comes from international trade.......(read more)

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