U.S. rail traffic tumbled about 21% in April as falling volumes for coal, motor vehicles and parts, and chemicals contributed to a “historic” monthly decline, according to the Association of American Railroads (AAR).
U.S. rail volumes totaled nearly 2.1 million carloads and intermodal units in April, a 21.2% decline from April 2019. Of that, carloads fell 25.2% to 980,535, while intermodal units slipped 17.2% to nearly 1.1 million containers and trailers.
The biggest carload declines in April...
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