Every week I watch the Weekly Railfax Report of North American Rail Freight Traffic for signs of stabilization. Year over year, there is nothing to cheer at as the following charts show.
Total US Rail Traffic
Total Industry Charts (US, Canada and Mexico)
Year over Year Percent Change – 13 Week Rolling Averages
Autos cargoes remain at depression levels and the only bright spots (on a relative basis) are coal and food. More charts in the report.
Mike “Mish” Shedlock
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