(Source: Trains Magazine analysis by Chase Gunnoe, June 3, 2022)
CHARLESTON, W.Va. — Class I railroads are hauling more automotive carloads, a possible sign that the auto sector’s supply chain is improving. Association of American Railroads’ weekly carload report reveals in recent weeks that shipments of motor vehicles and parts are exceeding 2020 and 2021 weekly volumes. This could ease a multi-year carload deficit dragged down by the coronavirus pandemic and a global semiconductor shortage that depleted dealership inventories and forced consumers to hold onto vehicles they may have otherwise traded.
Full story: Trains Magazine