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Have rail volumes bottomed out?

(Source: Freight Waves, June 11, 2020) CHATTANOOGA, Tenn. — Rail volumes could rebound in the second half of the year, but the pace of a rebound will depend largely on consumer confidence, executives from several Class I railroads cautioned at recent investor...

Number of rail cars in storage spikes in May

(Source: Freight Waves, June 9, 2020) CHATTANOOGA, Tenn. — After hovering around the 400,000-unit mark all year, railcars in storage spiked 25% in May to 520,729. This was the one of many takeaways from the Association of American Railroads’ (AAR) June report. Full...

Decline in U.S. rail volumes slows

(Source: Freight Waves, June 4, 2020) CHATTANOOGA, Tenn. — Despite double-digit percentage drops in May, U.S. rail volumes on a weekly basis have been narrowing their declines over the same periods in 2019 as North America slowly opens up following COVID-19 pandemic...

U.S. rail volumes rise on a week-to-week basis

(Source: Freight Waves, May 27, 2020) CHATTANOOGA, Tenn. — Although U.S. rail traffic is still sharply lower compared with the same period in 2019, rail volumes for intermodal and commodities such as motor vehicles and grain are higher sequentially on a weekly basis,...