Comments on: THE RECOVERY IN RAIL FREIGHT CONTINUES http://pragcap.com/the-recovery-in-rail-freight-continues Sat, 26 May 2012 09:29:57 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Uformula http://pragcap.com/the-recovery-in-rail-freight-continues/comment-page-1#comment-10254 Uformula Sat, 02 Jan 2010 00:19:34 +0000 http://pragcap.com/?p=14837#comment-10254 What's the difference between intermodel traffic and Carload Freight? They are diverging it seems to me. Is this correct? If so, why? What’s the difference between intermodel traffic and Carload Freight? They are diverging it seems to me. Is this correct? If so, why?

]]> By: TomOfTheNorth http://pragcap.com/the-recovery-in-rail-freight-continues/comment-page-1#comment-10248 TomOfTheNorth Fri, 01 Jan 2010 20:30:32 +0000 http://pragcap.com/?p=14837#comment-10248 Thanks for another interesting post TPC! I'm really struggling to wrap my brain around the stats in this one. Seemingly bad news: "For the first 51 weeks of 2009, U.S. railroads reported .....total volume of an estimated 1.47 trillion ton-miles, down 15.4 percent from 2008 and 16.3 percent from 2007." But here's good news on weekly data vs same week last year: "commodity groups were up compared with the same week last year, with fourteen reporting double digit increases, including motor vehicles (52.1 percent); lumber and wood products (44.8 percent); grain (31.1 percent); metals (31.7 percent) and chemicals (18.7 percent)." As I queried on your Housing post, how much of current freight volume can be attributed to the expected inventory rebuild irrespective of any recovery? I will add however that I especially noted, in support of your housing recovery thesis, the 45% jump in wood products shipments vs same week a year ago..... Interesting - I'm still skeptical but interesting. Thanks Thanks for another interesting post TPC! I’m really struggling to wrap my brain around the stats in this one.

Seemingly bad news:
“For the first 51 weeks of 2009, U.S. railroads reported …..total volume of an estimated 1.47 trillion ton-miles, down 15.4 percent from 2008 and 16.3 percent from 2007.”

But here’s good news on weekly data vs same week last year:
“commodity groups were up compared with the same week last year, with fourteen reporting double digit increases, including motor vehicles (52.1 percent); lumber and wood products (44.8 percent); grain (31.1 percent); metals (31.7 percent) and chemicals (18.7 percent).”

As I queried on your Housing post, how much of current freight volume can be attributed to the expected inventory rebuild irrespective of any recovery? I will add however that I especially noted, in support of your housing recovery thesis, the 45% jump in wood products shipments vs same week a year ago…..

Interesting – I’m still skeptical but interesting.

Thanks

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