RAIL TRAFFIC CONFIRMS ECONOMY AT STALL SPEED

  • On a seasonally adjusted basis, total U.S. rail carloads were flat in August 2011 compared with July 2011 (see the top left chart on page 16). Seasonally adjusted carloads excluding coal were down 2.2% in August 2011 from July 2011. Seasonally adjusted carloads excluding coal and grain were down 1.6% in August 2011 from July 2011.
  • Intermodal continued its upward march in August. U.S. railroads originated 1,179,838 trailers and containers in August 2011, an average of 235,968 units per week. That’s the highest weekly average for any month since October 2007. Less impressive is the fact that August 2011 was up just 0.4% (4,196 units) over August 2010. The comparisons are getting tougher for intermodal.
  • Seasonally adjusted U.S. rail intermodal traffic was up 0.3% in August 2011 over July 2011.

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(click on charts to enlarge)

Source: AAR

 

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