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U.S. rail volumes still falling

(Source: Freight Waves, October 17, 2019)

CHATTANOOGA, Tenn. — Year-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 the same period a year ago, according to weekly data released by the Association of American Railroads. Of that, U.S. carloads fell 4% to nearly 10.4 million units while U.S. intermodal containers and trailers fell 4.2% to 10.9 million units. On a weekly basis, U.S. rail volumes tumbled 7% to 510,820 carloads and intermodal units.

Full story: Freight Waves

Friday, October 18, 2019

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