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US Rail Volumes Maintain Downward Trend
Thursday, December 19, 2019 - 1:47pm | 756Year-to-date U.S. rail traffic continues to be lower than the same period in 2018 amid challenging year-over-year comparisons that developed as a result of U.S. trade uncertainties. U.S. rail volumes were elevated in December 2018 because shippers sought to increase shipments ahead of U.S. tariffs...
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Freight Rail Seeks Ways To Stay Afloat Amid Sinking Rail Volumes
Monday, November 25, 2019 - 12:41pm | 991As the freight rail industry looks ahead to 2020, the leaders of several Class I railroads and railroad lessors said a return to volume growth isn't likely to appear until the second half of next year. While the consumer economy appears to be stable amid factors such as low unemployment rates in...
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US Rail Volumes Slump In Flat Peak Season
Wednesday, November 20, 2019 - 8:45pm | 600Year-to-date U.S. rail volumes slipped again the week ending Nov. 16 amid industry observations that the peak season this year was muted for rail. U.S. rail traffic for the first 46 weeks of the year fell 4.5% to 23.8 million carloads, and intermodal units compared with the same period in 2018,...
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Decline In US Rail Volumes Persists
Thursday, November 14, 2019 - 6:45pm | 595Year-to-date U.S. rail volumes continued to trend lower again for the week ending Nov. 9, with overall rail traffic slipping over 4% amid an uncertain macroeconomic environment. The U.S. operations of the Class I railroads have originated 23.3 million carloads and intermodal units since the start...
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US Rail Volumes Still Sluggish
Thursday, October 31, 2019 - 1:44pm | 598The slump in U.S. rail volumes persisted for another week, according to the latest data from the Association of American Railroads. Year-to-date U.S. rail volumes totaled 22.3 million carloads for the week ending Oct. 26. That is a 4.3% drop from the same period in 2018. Of that total, the U.S....
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Slump Persists For North American Rail Volumes
Thursday, October 24, 2019 - 4:16pm | 585North American rail volumes are still slumping amid expectations that fourth-quarter rail traffic will remain subdued through the end of the year. Year-to-date North American rail volumes slipped 3.1% to 29.7 million carloads and intermodal units for the week ending October 19, according to data...
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GATX Third-Quarter Profit Falls On Lower US Rail Volumes
Tuesday, October 22, 2019 - 11:27am | 369Declining U.S. rail volumes contributed to GATX's (NYSE: GATX) third-quarter net profits falling 4% to $45.1 million, or $1.25/diluted share, from $47 million, or $1.22/diluted share, in the third quarter of 2018. GATX is a major railcar lessor and manufacturer, with operations in North America,...
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US Rail Volumes Still Falling
Thursday, October 17, 2019 - 2:05pm | 457Year-to-date U.S. rail volumes continue to be lower compared with the same period in 2018 amid persistent economic uncertainty. For the week ending October 12, the U.S. operations of the Class I railroads originated 21.3 million carloads and intermodal units year-to-date, which is a 4.1% drop from...
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Rail Volumes Decline As Trucking Recovers
Monday, September 30, 2019 - 10:29am | 1059Chart of the Week: Rail Traffic – Intermodal Containers, Trailer-on-Flatcar, Outbound Tender Volume Index – USA SONAR: RTOIC.USA, RTOIT.USA, OTVI.USA Intermodal container and trailer-on-flatcar volumes are down 5.5% YoY over the past four weeks while trucking volumes are up 5% over the past...
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US Rail Volumes Keep Falling
Thursday, September 26, 2019 - 10:35am | 485U.S. rail volumes were down yet again last week amid expectations that lower rail volumes will translate into adequate rail capacity for the remainder of this year. Year-to-date U.S. rail volumes totaled 19.7 million carloads and intermodal units for the week ending September 21, a 3.8 percent...
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US Rail Volumes Remain Soft In September
Thursday, September 19, 2019 - 11:02am | 747Year-to-date U.S. rail volumes remain lower compared with the same period in 2018 as trade uncertainty and looser truck capacity weigh on the market. U.S. freight railroads originated 3.7% less traffic than the same period a year ago, at 19.2 million carloads and intermodal units, the Association...
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US Rail Volumes Still Sluggish
Thursday, September 12, 2019 - 9:02am | 1607Year-to-date U.S. rail volumes fell yet again for the week ending Sept. 7, according to the latest data from the Association of American Railroads. Compared with the same period in 2018, year-to-date U.S. rail volumes were 3.7% lower at 18.67 million carloads and intermodal units. Of that, U.S....
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Economic Sluggishness Pulls US Rail Volumes Lower
Thursday, September 5, 2019 - 1:39pm | 564U.S. rail volumes fell 5 percent in August amid weaker demand for rail services in the domestic manufacturing sector. U.S. freight railroads originated 2.15 million carloads and intermodal units in August, a 5 percent dip from August 2018, according to the Association of American Railroads (AAR)....
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Railroads See Headwinds Cutting Volumes For Rest Of 2019
Wednesday, September 4, 2019 - 5:12pm | 749Loose truck capacity, trade uncertainty and lower coal demand are among the headwinds that some Class I railroads are seeing for the remainder of 2019. These expectations have led Union Pacific (NYSE: UNP) to lower its volume guidance for the second half of 2019. The railroad now expects rail...
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U.S. Rail Volumes Continue Their Drop
Wednesday, August 28, 2019 - 3:44pm | 360The slump in year-to-date U.S. rail volumes dragged overall North American rail traffic lower last week, according to the latest data from the Association of American Railroads. Year-to-date U.S. rail volumes fell 3.6 percent to 17.66 million carloads and intermodal units for the week ending...