By March 27, 2016 0 Comments Read More →

Traffic continues downward trend

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March 27, 2016 | Railway Age| Freight traffic, at least at this point, isn’t showing signs of improvement. For the week ending March 19, 2016, carloads and intermodal units both took a big hit, dropping 17.2% and nearly 10.7%, respectively, the Association of American Railroads (AAR) reported on March 23.

Three of the 10 carload commodity groups posted an increase compared with the same week in 2015. They were miscellaneous carloads, up 20.4% to 9,837 carloads; chemicals, up 4.9% to 31,343 carloads; and motor vehicles and parts, up 2.7% to 19,273 carloads. Commodity groups that posted decreases compared with the same week in 2015 included coal, down 38.7% to 64,754 carloads; petroleum and petroleum products, down 26.8% to 10,644 carloads; and grain, down 10.6% to 21,494 carloads.

[Read the entire article here.]

 

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