(Source: Freight Waves, January 30, 2020)
CHATTANOOGA, Tenn. — Year-to-date U.S. rail volumes remain lower than the same period in 2019 as Class I rail executives cautiously pin their expectations for volume growth to the second half of this year. U.S. rail traffic totaled 1.9 million carloads and intermodal units for the first four weeks of the year, a 7.6% drop from the same period in 2019, according to the Association of American Railroads. The data runs through the week ending Jan. 25.
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