Weekly Rail Traffic Continues To Improve
WASHINGTON, D.C. – "The Association of American Railroads (AAR) today reported that weekly rail traffic continues to gain over 2009 levels with U.S. railroads originating 292,884 carloads for the week ending Oct. 30, 2010, up 6.3 percent compared with the same week last year. AAR will no longer report 2010 weekly rail traffic with 2008 weekly comparison data since October 2008 marked the beginning of the recession-related downturn in rail traffic.
Intermodal traffic for the week totaled 232,717 trailers and containers, up 14.2 percent compared with the same week a year ago, with container volume up 15.7 percent and trailer volume up 6.5 percent."
2 Comments:
Weekly Rail traffic up so: so, the ISM Manufacturing Index should follow with an increase --a virutous cycle.
Train ridership increases because the TSA's airport security protocols get more onerous and time-consuming. The increase in train ridership is unlikely to reflect economic improvements.
Post a Comment
<< Home