(Source: Freight Waves, January 9, 2020)
CHATTANOOGA, Tenn. — U.S. rail volumes kicked off the new year by continuing a months-long slump, with traffic down 5.1% compared with the same period a year ago. U.S. rail volumes totaled 414,014 carloads and intermodal units for the first week of the year that ended on Jan. 4, according to the Association of American Railroads. Of that, U.S. carloads slipped 2.8% to 215,564 carloads, while U.S. intermodals units fell 7.4% to 198,450 containers and trailers. The wider drop in intermodal units could be due in part to the pull-ahead in volumes as a result of U.S. tariffs on certain goods from China.
Full story: Freight Waves