Weekly rail freight notches up
Weekly rail traffic on U.S. railroads continued to strengthen, to 526,970 carloads and intermodal units for the week ending May 13, a gain of 5.7% from the same week in 2016.
AAR
Opinion: Tax reform would benefit railroads, customers, and the economy
With Washington lawmakers setting spending levels through September, elected leaders are now turning to healthcare and tax legislation. Congress will reportedly work on a tax plan in concert with the White House, likely incorporating elements of the Trump administration’s recently released principles, which include reducing the corporate tax rate to 15 percent. Time will tell if legislation ultimately reflects that rate, or perhaps one a bit higher.
U.S. rail freight growth continues: AAR
Grain and coal posted impressive gains as U.S. rail freight traffic continued its upward trend in 2017.
Grain, coal lead freight traffic gains
Is the rail freight traffic slump over? It would appear so, as total combined U.S. traffic for the first 17 weeks of 2017 of nearly nine million carloads and intermodal units was an increase of 3.9% compared to last year, and half of all Association of American Railroads-tracked carload commodities registered gains in April, grain and coal significantly.
Carloads stronger in weekly AAR report
Total U.S. weekly rail traffic grew to 515,131 carloads and intermodal units, up 4.7%, for the week ending April 22 compared with the same week a year ago, according to the Association of American Railroads.
Trump tax cuts good for railroads? Probably not
The Trump Administration on April 26 released a proposed overhaul of the federal income tax system that promises to simplify the tax structure as well as reduce the rate at which large corporations are taxed to 15%.
Coal leads modest U.S. weekly carload gains
Coal again led just three of 10 tracked commodity groups posting on-year carload gains for the week ending April 15, according to the Association of American Railroads.
AAR: March sees sand, grain carload marks
Carloads on U.S. railroads grew by 7.3% in March from the same month a year ago, the Association of American Railroads reported.
Rail traffic sees big boost
U.S. rail traffic totaled 526,471 carloads and intermodal units for the week ending March 25, 2017, up 12% compared with the same week last year, the Association of American Railroads reported on March 29. Canadian and Mexican carriers also realized big gains.
Commentary
AAR to Trump Administration: “Proceed with caution”
I have stressed many times in this blog, and in my monthly magazine columns—at times in harsh terms that may have offended some people who, for reasons I can’t quite figure out, took my remarks personally—that the Trump Administration’s extremely nationalistic ideology, if it morphs into law, will critically injure the railroads and the railroad supply community.