US rail traffic slumps again
The drop comes as the Class I railroads look to the second half of 2020 for volume growth.
The drop comes as the Class I railroads look to the second half of 2020 for volume growth.
Year-to-date U.S. rail traffic is 7.8% lower compared with the same period in 2019.
U.S. carloads and intermodal units are down year to date from the same period in 2019.
Improving rail volumes and service are among the crucial issues to look out for as the railroads reveal their 2020 guidance in the coming days.
Association of American Railroads reports volumes continue to run lower than a year ago.
U.S. rail volumes fell 5% in 2019 amid trade worries, a sluggish industrial economy and a significant drop in coal carloads.
Lower rail volumes, an active Surface Transportation Board and a strike were among the key events that the U.S. and Canadian freight rail industry experienced this year.
The volume drop has created ripple effects, including some lower railcar leasing rates.
Jim Blaze writes about the potential of short-haul intermodal traffic on the North American Class 1 railroads.
The continued dip in rail volumes comes as North American freight rail groups press for trade pact.
Economic uncertainty weighs on rail volumes.
Jim Blaze writes about the decline in rail freight; is it a recent event, or has it been taking place over a longer period?
U.S. rail volumes are down, but don’t call it a freight recession, according to Association of American Railroads executive.
U.S. rail volumes continue to slip as rail executives see muted peak season.
U.S. rail volumes have been trending lower all year.
Freight volumes fell off a cliff at the end of October. Is this yet another reason for concern that the market may slow even further?
Market expert Michael Baudendistel writes about whether there is a rail recession, or are railroads paring operations and employees to fatten their bottom lines.
U.S. rail volumes fell 8.1% amid trade uncertainty and “sluggish” growth abroad.
The credit ratings firm sees coal and intermodal volumes under continued pressure next year.
Year-to-date U.S. rail traffic continues to trend lower.
Rail volumes fell yet again and the industry is casting its doubts about the fourth quarter.
With U.S. rail volumes still slumping, the Class I railroads wondered in third-quarter earnings calls when the downward trend would end.
Year-to-date U.S. rail traffic down 3.8 percent from the same period in 2018.
Trade uncertainty and loose truck capacity continue to weigh on rail traffic.
U.S. rail volumes are down nearly 4% year-to-date amid a 6.6% decline for coal and a 4% drop for intermodal.
Weakness in the manufacturing sector is dragging U.S. rail volumes lower, AAR says.
Year-to-date U.S. rail volumes are still slumping this year, due in part to a competitive truck market for intermodal shipments.
Market Voice Jim Blaze writes about rail intermodal and what is happening to this area of the railroad sector.
The continued slump in U.S. rail volumes is putting pressure on overall North American rail volumes.
Year-to-date North American rail volumes fell 2.3 percent last week. But what about for the rest of the year?
U.S. rail carloads no longer appear to be following the lead of broader economic indicators. Why? Look to concerns about rail service reliability and trade uncertainty as answers.
U.S. railroad operations loaded 5.5 percent fewer carloads and intermodal units in July, and trade uncertainty could threaten to maintain that downward trend in rail volumes for the remainder of 2019.
North American rail volumes are still lower year-over-year, but U.S. carloads recovered somewhat last week.
U.S. rail volumes fell yet again for the week ending July 20, according to data from the Association of American Railroads.
Jim Blaze writes about the pros and cons of shippers owning or leasing their own freight railcars to move their products.
The continued decline of U.S. rail volumes was one of the themes mentioned in the second quarter earnings calls for CSX and Canadian Pacific.
Year-to-date U.S. rail volumes fell yet again this week, although improving economic indicators signal that rail volumes could moderate in the weeks and months ahead.
Year-to-date U.S. rail volumes fell again amid a loosening truck market, receding floodwaters in the Midwest and overall economic uncertainty.
An additional $300 billion in proposed U.S. tariffs against China could result in lower railroad freight volume , but economic uncertainty and competition from trucks appear so far to be bigger threats for rail volumes.
U.S. rail volumes trended downward again for the week ending June 15, with weekly volumes falling over 5 percent and year-to-date volumes declining nearly 3 percent, according to the latest data from the Association of American Railroads.
Market expert Jim Blaze writes about the movement of coal by rail. He explores the history of rail-coal; more importantly, he writes about what the future may hold for coal in the U.S. and how that will impact the railroads.
Flooding impacts, cheap natural gas prices, and trade and economic uncertainty could be factors contributing to a significant slump in weekly U.S. rail volume.
U.S. intermodal volumes fell 5.9 percent in May, while carloads fell 2.1 percent amid economic uneasiness and uncertainties surrounding U.S. trade between Mexico and China.
Market expert Jim Blaze explains the economics behind railcars. He also provides information about the various types of railcars and what market conditions the railroads are facing as they seek to “right-size” their fleets.
Canadian rail volumes rose again year-to-date for the week ended May 11, while U.S. rail volumes continued downward amid U.S. tariff uncertainty and a fuzzy economic picture.
Genesee & Wyoming, Inc. reported adjusted earnings per share of $0.78 for the first quarter of 2019, which were 11 percent better year-over-year, but less than NASDAQ’s consensus estimate of $0.83.
U.S. rail traffic dipped again for the week ending April 20, according to data from the Association of American Railroads.
Higher coal and chemicals volumes drove U.S. carloads upward on a weekly basis for the first time since late February, according to the latest data from the Association of American Railroads (AAR). But despite that weekly gain for U.S. carloads, overall U.S. rail traffic still softened.
Precision scheduled railroading (PSR) is the latest tactic railroads are using to improve their operations – and their images. Market voice Jim Blaze explores whether PSR is real or just marketing hype…
U.S. rail volumes are poised to be lower in the first quarter compared with last year, but whether that decline indicates a looming recession remains to be seen.