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Transportation: Rail Carloads Down 30.2 Percent

May 26, 2020, 13:33 PM by Weekly Market Report
The Association of American Railroads reported last week that for the week ending May 16, 2020, “…total U.S. weekly rail traffic was 416,115 carloads and intermodal units, down 22 percent compared with the same week last year.
Total carloads for the week ending May 16 were 184,415 carloads, down 30.2 percent compared with the same week in 2019, while U.S. weekly intermodal volume was 231,700 containers and trailers, down 14 percent compared to 2019… The 30.2% decline in total U.S. carloads last week was the biggest year-over-year weekly decline for total carloads since 1988, when our data begin. Coal didn’t help: last week was the fifth straight week in which coal carloads were down at least 40% from last year,” said AAR Senior Vice President John T. Gray.”

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