Loading...
Most Recent Stories

MAY – NOT AN IMPRESSIVE MONTH FOR RAIL

The May Railtime Indicators report has been released and it is consistent with a rather sluggish economy:

“On the carload side, May 2011 was not especially impressive, following a not especially impressive April.  U.S. freight railroads originated 1,159,328 carloads in May, an average of 289,832 per week.  That’s up 0.5% (5,960 carloads for the month) on a seasonally unadjusted basis over May 2010, though it was up 16.4% (163,308 carloads) over May 2009.”

“For the year to date through May, total U.S. rail carloadings in 2011 were 6,110,554, up 3.2% (186,751 carloads) over the first five months of 2010.  Neither 2011 nor 2010 include the Memorial Day holiday.”

Source: AAR

Please follow and like us: