Railroads are fundamentally directly involved in heavy manufacturing, resource commodities, energy and industrial production.
Not so much e-commerce — at least not as direct movers and organizers.
With that in mind, let’s examine how the railroad merchandise carload traffic pattern looks more than halfway through the third quarter of 2020.
Here is the bad news: 2020 could very well end up for the railroads as the worst overall freight volume loss year-over-year in the past 15 years. That goes back...
https://www.freightwaves.com/news/commentary-rail-freight-recovery-lags-us-economic-pace