The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended July 11, 2020, and, for this week, total U.S. weekly rail traffic was 449,092 carloads and intermodal units, down 14.9% compared with the same week last year.
A majority of U.S. adults believe that the freight rail industry is critically important to the U.S. economy, according to a newly released poll conducted by Morning Consult on behalf of the Association of American Railroads (AAR). In addition, more than 75% percent of respondents view the industry as safe, “validating years of private investment that have corresponded with dramatic safety gains.”
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended July 4, 2020, and, although traffic declines were still evident, things appear to be getting better.
Over the next few days and then amplified by mid-month investor reporting, we will learn more about how U.S. rail freight is trending. Association of American Railroads six-month data is out. In the interim, Susquehanna Financial Group (SFG) data scientists have circulated their freight market view. As well, we’ve added some FreightWaves SONAR intermodal data to the mix.
As the U.S.-Mexico-Canadian trade agreement (USMCA) officially becomes the governing statute for commerce across North America, Marc Brazeau, President and Chief Executive Officer of the Railway Association of Canada (RAC), Iker de Luisa Plazas, Director General of Asociacion Mexicana de Ferrocarriles (AMF) and Ian Jefferies, President and CEO of the Association of American Railroads (AAR) issued the following statement:
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended June 27, 2020, as well as volumes for June 2020. And it appears the light at the end of the tunnel is perhaps getting close.
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended June 20, 2020, and, for this week, total U.S. weekly rail traffic was 457,278 carloads and intermodal units, down 12.9% compared with the same week last year.
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended June 13, 2020, and, for this week, total U.S. weekly rail traffic was 449,291 carloads and intermodal units, down 14.9% compared with the same week last year.
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended June 6, 2020, and, for this week, total U.S. weekly rail traffic was 433,171 carloads and intermodal units, down 15.6% compared with the same week last year.
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended May 30, 2020, as well as volumes for May 2020. And while the drops in traffic were there in both instances, AAR feels that there were some “heartening” signs.