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.
Railroad giant Norfolk Southern Corp.’s fourth-quarter profit declined 5% as the company hauled 9% less freight, officials said. Norfolk Southern (NYSE: NSC) reported its operating and financial results for the fourth quarter of 2019 before the market opened Wednesday. Norfolk Southern (NS) reported total revenues of $2.7 billion in the fourth quarter, down 7% year-over-year, […]
Year-to-date U.S. rail traffic is 7.8% lower compared with the same period in 2019.
Railroad expert Jim Blaze writes about coal, a key commodity hauled by rail. The amount of coal being hauled by rail is declining. Why? And what does the future hold?
Jim Blaze explores the decline of railroad freight volume and what may happen going forward.
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.
Jim Blaze profiles TTX, a company that is essential to the railroad industry.
Association of American Railroads reports volumes continue to run lower than a year ago.
Jim Blaze writes about the key messages he extrapolated about railroading in 2019.
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.
Jim Blaze writes about the financial issues inherent in an Alaska-to-Alberta rail route.
The continued dip in rail volumes comes as North American freight rail groups press for trade pact.
Market Expert Michael Baudendistel writes about rail intermodal volume is lower for the long-term, or can it be more competitive with trucking.
Railroad market voice Jim Blaze writes about technological advances that are making railroads’ capital expenditures on infrastructure more efficient.
The European Green Deal is looking to shift 75% of EU freight traffic from road to rail and reduce greenhouse gas emissions by 90% by 2050.
Economic uncertainty weighs on rail volumes.