Rail Car – Train News This Week
The American Association of Railroads has released the latest carload traffic information and there are a couple of items we find interesting to note. Here is a portion of the table they provided for the latest week’s data: Of course, the data for current weeks is being compared to a time last year when things were anything but “normal”. So it is expected to see increases generally across the board. However, the few items we see as interesting are:
- While intermodal units are higher, the increase is a bit less dramatic than we have been seeing recently.
- Most encouraging are the increases in categories of ores, metals, chemicals, and minerals. These increases suggest continuing recovery of our basic industries as compared to the intermodal category, which is largely influenced by retail sales.
Overall, the trends continue to be encouraging and moving in the right direction. Let’s hope this continues.
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