(Source: Freight Waves, January 23, 2020)
CHATTANOOGA, Tenn. — The slump in U.S. rail volumes is persisting three weeks into the new year. U.S. rail traffic year-to-date totaled nearly 1.42 million carloads and intermodal units for the week ending Jan. 18, a 7.8% drop compared with the same period in 2019, according to the Association of American Railroads. U.S. rail operations originated 7.4% fewer carloads, at 692,077, while U.S. intermodal units fell 8.1% to 723,293 intermodal containers and trailers.
Full story: Freight Waves