Week Ending 03March2012: Rail Volumes Continue to Contract

March 8th, 2012
in econ_news

Econintersect: Week 9 of 2012 ending 03 March 2012 shows rail traffic continued to contract over 2011 levels according to data released by the American Association of Railroads (AAR).

“If you exclude carloads of coal and grain, which are down for reasons that have little to do with the state of the economy, rail traffic in February was encouraging,” said AAR Senior Vice President John T. Gray.  “Intermodal traffic was up for the 27th straight month, while carloads of a wide range of commodities—lumber, chemicals, petroleum, paper, steel and more—saw increases in February. Time will tell, but we’re hopeful it’s a sign of broad-based improvement in economic conditions.” 

The pattern in the data is the same as it has been for several weeks.  The majority of the reason for the contraction is coal movements - which should only effect the profitability of railroads, and not really an economic indicator as coal is an alternative fuel.  Intermodal which was done in previous weeks, is now expanding year-over-year.

Follow up:

Week 9 2012 Carloads Intermodal Total
This week Year-over-Year -6.2% 6.0% -5.3%
This week without coal
Year Cumulative to Date -1.0% 2.1% -0.1%



Note that the total year-to-date traffic are now contracting year-over-year.

Steven Hansen

Source: AAR

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.

 navigate econintersect.com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved