-
US Rail Volumes Flat Amid July Fourth Holiday
Thursday, July 15, 2021 - 1:18pm | 1156The Fourth of July holiday weekend resulted in weaker U.S. volume comparisons year-over-year, but the overall trend for 2021 is still upward for intermodal volumes. Meanwhile, rail observers anticipate the start of the earnings seasons and the Class I railroads' responses to how they handled...
-
Intermodal Volumes Prop Up US Rail Traffic
Thursday, August 27, 2020 - 11:22am | 1369U.S. intermodal traffic on a weekly basis gained 5% in the week ending Aug. 22, which in turn helped lift overall rail volumes higher. U.S. freight railroads originated 285,086 intermodal containers and trailers last week, a 5% increase from the same period in 2019, according to the Association of...
-
US Rail Volumes Still Under Pressure
Thursday, July 16, 2020 - 12:23pm | 1091U.S. weekly rail traffic is still facing double-digit percentage declines, with carloads once again down by over 20% since the same period in 2019. U.S. rail volumes on a weekly basis totaled 449,092 carloads and intermodal units for the week ending July 11, according to the Association of American...
-
Deficit Gap Narrows For Weekly US Rail Volumes
Thursday, June 25, 2020 - 11:02am | 797U.S. rail traffic on a weekly basis is still lower than the same period in 2019, although that gap is narrowing, particularly for intermodal volumes. U.S. rail volumes for the week ending June 20 totaled 457,278 carloads and intermodal units, a 12.9% decline from the same period in 2019 and a 1.8...
-
Have Rail Volumes Bottomed Out?
Thursday, June 11, 2020 - 10:07am | 809Rail volumes could rebound in the second half of the year, but the pace of a rebound will depend largely on consumer confidence, executives from several Class I railroads cautioned at recent investor conferences. There is still little visibility "in terms of how the consumer is going to reengage...
-
Decline In US Rail Volumes Slows
Thursday, June 4, 2020 - 10:06am | 958Despite double-digit percentage drops in May, U.S. rail volumes on a weekly basis have been narrowing their declines over the same periods in 2019 as North America slowly opens up following COVID-19 pandemic closures. Weekly U.S. rail traffic totaled 395,714 carloads and intermodal units for the...
-
U.S. Weekly Rail Volumes Contract By Nearly 23%
Wednesday, April 22, 2020 - 6:55pm | 801U.S. weekly rail traffic sank nearly 23% last week as COVID-19 pandemic woes put pressure on rail volumes for the second quarter. For the week ending April 18, U.S. rail volumes slipped 23.3% compared with the same period in 2019, to 403,283 carloads and intermodal units, according to the...
-
US Weekly Rail Traffic Sinks Even Further Amid Headwinds
Thursday, April 16, 2020 - 10:20am | 1421U.S. weekly rail volumes tumbled nearly 22% last week as COVID-19 and lower crude oil prices take their toll on carloads. Rail traffic in the U.S. for the week ending April 11 totaled 412,503 carloads and intermodal units, a 21.9% decline from the same period in 2019, according to the Association...
-
AAR: Coronavirus Could Dampen US Rail Traffic In Coming Weeks
Wednesday, March 25, 2020 - 5:55pm | 775U.S. rail volumes for consumer-related goods could fall even further in the coming weeks as the coronavirus pandemic, also known as COVID-19, takes hold, warned an executive with the Association of American Railroads (AAR). "It wouldn't be surprising to see rail volumes … soften in the weeks ahead...
-
PTC Is Interoperable On Nearly Half Of The Class I US Rail Operations
Friday, February 28, 2020 - 5:47pm | 754The Class I railroads in the U.S. are closer to reaching interoperability between their rail networks, according to the Federal Railroad Administration (FRA). By the end of the fourth quarter of 2019, about 48% of the Class I rail network was interoperable, meaning that nearly half of their tenant...
-
US Rail Volumes Are Still Down Year-To-Date
Thursday, February 27, 2020 - 12:35pm | 686Year-to-date U.S. rail volumes fell again for the week ending February 22, according to the Association of American Railroads (AAR). U.S. freight railroads originated 3.86 million carloads and intermodal units for the first eight weeks of 2020, a 6.4% drop compared with the same period in 2019. Of...
-
Slump Persists For US Rail Volumes
Thursday, February 20, 2020 - 12:44pm | 438U.S. rail traffic year-to-date continues to trend downward compared with the same period a year ago, according to the Association of American Railroads (AAR). U.S. rail volumes totaled 3.38 million carloads and intermodal units for the first seven weeks of the year, a 6.2.% decline from the same...
-
Canadian Pacific Sees Volume Opportunities
Thursday, January 30, 2020 - 3:07pm | 905Canadian Pacific (NYSE: CP) is eyeing an anticipated new intermodal offering in eastern Canada and crude-by-rail opportunities in western Canada. The railway said its acquisition of the Central Maine & Quebec (CMQ) short line railroad would not only expand CP's presence in the Maritimes but...
-
US Rail Volumes Still Sluggish
Thursday, January 23, 2020 - 1:44pm | 441The 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...
-
Trade Uncertainty, Coal Decline Push US Rail Volumes Lower
Monday, January 6, 2020 - 10:32am | 669U.S. rail traffic in 2019 tumbled 5% compared with 2018 as trade uncertainty and sluggishness in the industrial economy weighed down rail volumes. A significant drop in U.S. coal volumes also contributed to the decrease. U.S. railroads originated nearly 26.7 million carloads and intermodal units...