(Source: Supply Chain Dive, May 7, 2020)
WASHINGTON, D.C. — U.S. railroads originated 980,535 carloads in April 2020, a 25% year-over-year (YoY) decline, and 1,095,423 intermodal containers, a 17% YoY drop, according to the latest numbers from the Association of American Railroads. The drop in volume has led to railroads cutting capacity. CSX, Kansas City Southern, Norfolk Southern and Union Pacific mentioned reducing train starts during April earnings calls.
Full story: Supply Chain Dive