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RAIL TRAFFIC CONTINUES TO TREND HIGHER

11 February 2010 by Cullen Roche 1 Comment

The latest data on rail traffic continues to show an upward trajectory though recovery is still showing signs of being weak.  The AAR reports that US railroads originated 268K carloads  up 1.4% versus 2009 and off 14.7% from 2008.  Intermodal traffic rose 5.1% from 2008 and declined 10.7% from 2008.

Breadth continued to improve as 14 of the 19 commodity groups are now reporting year over year gains.  Metals, nonmetallic minerals, farm products and motor vehicles all reported double digit gains.

Source: AAR

Cullen Roche

Cullen Roche

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Comments
  • Jon

    TPC,

    Please don’t cover the Mets this year. The LAST THING I want to hear is how their 77-85 record in 2010 represents “a 10% YOY IMPROVEMENT!!”

    Unless they make the playoffs, the Mets can go &^%$ themselves, and a 5% increase in rail traffic over last year means NOTHING, unless the fact that we are alive gives you reason to cheer.

    Jon

    02/11/2010 at 6:17 PM