US rail traffic slumps again
The drop comes as the Class I railroads look to the second half of 2020 for volume growth.
The drop comes as the Class I railroads look to the second half of 2020 for volume growth.
Year-to-date U.S. rail traffic is 7.8% lower compared with the same period in 2019.
U.S. carloads and intermodal units are down year to date from the same period in 2019.
Improving rail volumes and service are among the crucial issues to look out for as the railroads reveal their 2020 guidance in the coming days.
Association of American Railroads reports volumes continue to run lower than a year ago.
U.S. rail volumes fell 5% in 2019 amid trade worries, a sluggish industrial economy and a significant drop in coal carloads.
Lower rail volumes, an active Surface Transportation Board and a strike were among the key events that the U.S. and Canadian freight rail industry experienced this year.
The volume drop has created ripple effects, including some lower railcar leasing rates.
Jim Blaze writes about the potential of short-haul intermodal traffic on the North American Class 1 railroads.
The continued dip in rail volumes comes as North American freight rail groups press for trade pact.
Economic uncertainty weighs on rail volumes.
Jim Blaze writes about the decline in rail freight; is it a recent event, or has it been taking place over a longer period?
U.S. rail volumes are down, but don’t call it a freight recession, according to Association of American Railroads executive.
U.S. rail volumes continue to slip as rail executives see muted peak season.
U.S. rail volumes have been trending lower all year.
Freight volumes fell off a cliff at the end of October. Is this yet another reason for concern that the market may slow even further?
Market expert Michael Baudendistel writes about whether there is a rail recession, or are railroads paring operations and employees to fatten their bottom lines.
U.S. rail volumes fell 8.1% amid trade uncertainty and “sluggish” growth abroad.
The credit ratings firm sees coal and intermodal volumes under continued pressure next year.
Year-to-date U.S. rail traffic continues to trend lower.