AAR: July Rail Carloads down 4.8% YoY, Intermodal Down 6.1% YoY

From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission.

Continuing economic uncertainty, fueled in great measure by ongoing trade disputes and worrisome economic weakness around the globe — combined with low natural gas prices and the shift from coalfired electricity in the United States — to produce another month of disappointing rail traffic in Mexico and the United States, while Canada achieved moderate growth in its intermodal traffic. Carload and intermodal traffic fell by 4.8% and 6.1%, respectively, in the United States in July versus July 2018.
emphasis added

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