North American Rail Volumes Drop
Rail volumes on Class 1 railroads (carloads and intermodal) have declined 5.1%, year-over-year in the fourth quarter to date, based on a 5.3% decline in carloads and 4.7% drop in intermodal units.
Through the week ended November 15, estimated US Class 1 ton-miles declined 3.9%, year-over-year. Both volume metrics in the fourth quarter have shown more severe contractions than earlier in the year. By comparison, Class 1 unit volumes and estimated ton-miles declined 3.0% and 0.9% year-over-year, respectively, in third-quarter 2008, reports John Larkin, Stifel Nicolaus.
Want to use this article? Click here for options!
© 2012 Penton Media Inc.
Advertisement
Feature Article
2012 Top 10 Predictions for the Supply Chain in 2012
2012 will see the consumer take a more prominent role in directing the course of supply chain management, as volatile demand has become the new norm.
More Feature Articles
- How Lift Truck Fleet Management Helped a 3PL Improve Service
- Commentary: Why Logistics and Politics Need to Mix — for the Economy’s Sake
- It Only Takes a Moment to Win - or Lose - a Customer
More Web Exclusive Features
More from the January Issue
MH&L Video Spotlight
Kuna Foodservice, a food distributor based in St. Louis, Mo., expanded to a 98,000 sq. ft. distribution center that includes a refrigerated receiving dock, freezer and storage area for paper and canned goods. Learn more.
Featured Suppliers
Advertisement
Advertisement
Advertisement
Advertisement








Acceptable Use Policy blog comments powered by Disqus