Moody’s says rail volumes could slip 15% or more in 2020. Meanwhile, IANA confirms declines in international intermodal volumes in the first quarter.
The COVID-19 pandemic sent U.S. rail volumes tumbling last month. But now, stakeholders are looking at the shape and scope of an eventual recovery.
The effects of the COVID-19 pandemic, as well as the structural decline in U.S. coal consumption, are pulling rail volumes downward.
U.S. rail traffic slumps amid pandemic woes, and challenges are likely to persist into the second quarter.
The ongoing coronavirus pandemic is shrinking U.S. rail volumes as the housing construction and retail sectors struggle to stay afloat.
Other factors beyond the coronavirus pandemic are weighing on U.S. rail volumes for grain.
North American rail volumes last week were approaching levels normally seen during Christmas and New Year’s, according to the Association of American Railroads.
Motor vehicles carloads fall nearly 67% as the coronavirus pandemic keeps buyers away from showrooms.
The pandemic may put pressure on U.S. rail volumes, particularly for commodities that support consumer goods, says an Association of American Railroads executive.
Intermodal volumes slump as the coronavirus cuts North American import and export volume.
The drop in weekly intermodal volumes in North America could be a reflection of the impact of coronavirus on the supply chain.
Excluding coal carloads, U.S. carloads in February fell only 0.8% from last year, according to the Association of American Railroads.
FreightWaves Market Expert Mike Baudendistel writes about the issues impacting rail intermodal in 2020, and the ongoing battle between the railroads and the trucking industry.
U.S. rail traffic maintains its slump for another week
Uncertainty is still an underlying theme facing North American freight railroads.
Year-to-date U.S. rail traffic is over 6% lower than the same period in 2019.
Railroads once carried much of the fresh produce across the U.S. Can they do it again? Jim Blaze explores the topic in his latest commentary.
Year-to-date U.S. rail volumes are still sluggish, and the effect of the coronavirus on intermodal volumes remains unclear.
Trade uncertainties, softness in the manufacturing sector contributed to lower rail volumes in January.
FreightWaves SONAR has new information for subscribers.
