Weekly carloads

June carloads reflect an economy in ‘much better shape’

19 of 20 commodity categories see gains in June

U.S. railroads reported that carloads and intermodal originations reached 2.56 million during June, up 14.5% year-over-year, according to weekly data provided by the Association of American Railroads (AAR).

June carloads in the U.S. increased 19.1% year-over-year to 1.18 million with intermodal container and trailer volumes climbing 10.9% to 1.39 million.

The year-over-year comparisons continue to benefit from severe declines in shipments a year ago as a result of COVID-related lockdowns and...

https://www.freightwaves.com/news/june-carloads-reflect-an-economy-in-much-better-shape

June rail traffic sees recovery ‘accelerate’

Covered hoppers passing through rail crossing

U.S. railroads’ total rail traffic was 14.3% lower year-over-year at 1,799,189 originations in the month of June according to the Association of American Railroads (AAR). Total carloads declined 22.4% year-over-year with intermodal container and trailer traffic moving only 6.6% lower.

“June was a month in which the slow recovery process that began in early May, began to accelerate. By the end of June, freight loadings had improved by about 60,000 carload and intermodal units weekly over where...

https://www.freightwaves.com/news/june-rail-traffic-sees-recovery-accelerate

Railcars in storage spike in May

Railcars at a yard

After hovering around the 400,000-unit mark all year, railcars in storage spiked 25% in May to 520,729. This was the one of many takeaways from the Association of American Railroads’ (AAR) June report.

As of June 1, 31.2% of the 1.67 million North American freight car fleet were in storage. The AAR considers a car in storage if it hasn’t hauled a load in the past 60 days and has moved empty since carrying its last load.

A soft industrial economy, exacerbated by COVID-19-related manufacturing...

https://s29755.pcdn.co/news/railcars-in-storage-spike-in-may