Tuesday, April 06, 2010

Rail Freight Traffic Show Solid Signs of Recovery

"Freight traffic on U.S. railroads is continuing to show solid signs of recovery with carload freight volume hitting its highest level since November 2008 during the week ended March 27, 2010, according to the weekly report from the Association of American Railroads. U.S. railroads originated 293,114 carloads during the week, up 16.5 percent from the comparable week in 2009, and the highest weekly carload total since the week ended November 29, 2008.

Combined North American rail volume for the first 12 weeks of 2010 on 13 reporting U.S., Canadian and Mexican railroads totaled 4,324,920 carloads, up 4.8 percent from last year, and 3,036,161 trailers and containers, up 9 percent from last year."

4 Comments:

At 4/06/2010 11:46 AM, Anonymous Anonymous said...

Rather meager considering we were on a ledge in 2009!

 
At 4/06/2010 12:09 PM, Anonymous gettingrational said...

That is 7,361,081 rail units orginated in the first three mnonths of 2010. This is huge economic activity. One rail unit for every 42 U.S. residents in just 90 days.

 
At 4/06/2010 4:10 PM, Anonymous Anonymous said...

Pesky Democrats can't do anything right.

 
At 4/07/2010 7:19 PM, Blogger Craig said...

One rail unit for every 42 U.S. residents in just 90 days.

Well, that certainly puts it into perspective. Set end to end, those units would stretch to the moon and back 1.24 times.

 

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