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?
Coal production in the region could fall significantly in 2020, affecting rail volumes.
The decline in U.S. coal production could cost the railroads billions in lost revenue.
Historic flooding in the Midwest and poor demand from electric utilities are stranding coal hoppers west of the Mississippi, pushing up prices for storing railcars. The American Association of Railroads […]
