1 month ago | By Calculated Risk
From the Association of American Railroads Rail Time Indicators. Graphs and excerpts reprinted with permission.
U.S. rail traffic started January 2023 with both discouraging and encouraging aspects.
On the encouraging side, total U.S. carloads rose 2.2% in January 2023. January 2022 was the worst January for total carloads in our records that begin in 1988. Still, growth is better than a decline.
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On the discouraging side, January 2023 was the worst January for intermodal since 2013, with originations down 8.1% from last year. In recent months, major retailers have cut inventories...
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