Rail Traffic Significant Drop-off in w/e 18 December 2010

December 22nd, 2010
in Background, econ_news

Econintersect: Rail traffic for w/e 18 December remains declined sharply viewing the data YoY.  Early in 2010, rail's performance YoY was growing.  It stabilized in the middle of the 2Q - and early in the 4th quarter began trending down.  YoY growth dropped sharply this week from approximately 12% to 2.2%.  Four week rolling average growth declined from 8.7% to 7.6%.

Follow up:

Follow up:Total Rail Traffic

source: Railfax

Major Commodity Groups Total Grain Chemicals Food Forest Metals Coal Autos Intermodal
Current Week
Vs. 2009 2.2% 4.4% 7.2% (1.8%) 5.3% 5.7% (3.0%) (17.0%) 5.0%
Vs. 2008 6.0% 27.0% 19.1% 9.6% (5.6%) 19.9% (11.1%) 6.3% 14.8%
4 Week Rolling Avg.
Vs. 2009 7.6% (0.2%) 8.1% (1.3%) 5.7% 24.6% 4.0% (13.0%) 10.9%
Vs. 2008 3.8% 15.5% 20.0% 4.7% (4.2%) 26.8% (10.2%) 0.6% 9.7%
Quarter to Date
Vs. 2009 8.8% 4.1% 7.0% (0.8%) 4.4% 30.3% 4.1% (6.0%) 12.2%
Vs. 2008 (0.7%) 11.7% 10.3% 1.8% (14.5%) 7.9% (10.7%) (8.9%) 4.7%
Year to Date
Vs. 2009 10.0% 10.6% 8.8% 2.3% 3.9% 38.2% 0.8% 17.5% 14.1%
Vs. 2008 (7.3%) (6.0%) (2.8%) (5.6%) (22.5%) (15.5%) (10.0%) (23.3%) (2.6%)

 









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2 comments

  1. stewart sprague says :

    This is just the typical Christmas (year end)decline.

  2. admin (Member) Email says :

    stewart - - -

    Rail traffic always declines in December from prior months. The point of the post was that a week ago rail traffic was up 12% from the same week a year ago. This week traffic is up only 2% from the same week a year ago.

    That is a sharp decline.





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