xcel
11-12-2009, 12:01 AM
http://www.cleanmpg.com/photos/data/2/AmericanFlag.jpg Cutting through the economic fog tells a somewhat chilling but improving tale. (cleanmpg.com/forums/showthread.php?p=241374)
http://www.youtube.com/v/3YeZwypR7Kc&color1=0xb1b1b1&color2=0xcfcfcf&hl=en&feature=player_embedded&fs=1Wayne Gerdes - CleanMPG (cleanmpg.com) - Nov. 12, 2009
The Association of American Railroads (AAR) reported that freight rail car loadings were down 15.3 percent in October 2009 (at 1,100,714 carloads) compared with the same month last year, marking the twelfth straight month of double-digit declines.
A decrease in coal carloads (down 92,764 carloads) factored into October's drop in car loadings, which likely was the result of a cooler-than-normal summer that has led to larger-than-normal utility coal stockpiles. However, grain saw a significant boost in October, up 15 percent compared with September. This may be attributable to the start of corn and soybean harvests plus a weaker U.S. dollar lifting grain exports. According to the USDA, grain deliveries by rail to ports surged in October.
While U.S. rail intermodal traffic remained down 11.2 percent (104,330 units) in October compared with the same month last year, there continue to be incremental month-to-month gains - up 4 percent from September 2009.
"October's intermodal numbers, along with the recently-announced increase in GDP for the third quarter, indicate that we are seeing some hope for improvement in the nation's economic situation," said AAR Senior Vice President of Policy and Economics John Gray. "While it is still too early to say we are on the road to recovery, railroads continue to take freight cars out of storage with over 11,000 cars back in service in October."
The all-encompassing Rail Time Indicators is a treasure trove of economic related activity is worthy of your time... If you care about such things ;)
Rail Time indicators - A Review of Key Economic Trends Shaping the Demand for Rail Transportation. (http://www.aar.org/NewsAndEvents/~/media/AAR/RailTimeIndicators/RailTimeIndicatorsNovember2009.ashx)
Year over year - total US and Canadian rail traffic
http://www.cleanmpg.com/photos/data/2/Oct_US_-_CA_Rail_Traffic.jpg
http://www.youtube.com/v/3YeZwypR7Kc&color1=0xb1b1b1&color2=0xcfcfcf&hl=en&feature=player_embedded&fs=1Wayne Gerdes - CleanMPG (cleanmpg.com) - Nov. 12, 2009
The Association of American Railroads (AAR) reported that freight rail car loadings were down 15.3 percent in October 2009 (at 1,100,714 carloads) compared with the same month last year, marking the twelfth straight month of double-digit declines.
A decrease in coal carloads (down 92,764 carloads) factored into October's drop in car loadings, which likely was the result of a cooler-than-normal summer that has led to larger-than-normal utility coal stockpiles. However, grain saw a significant boost in October, up 15 percent compared with September. This may be attributable to the start of corn and soybean harvests plus a weaker U.S. dollar lifting grain exports. According to the USDA, grain deliveries by rail to ports surged in October.
While U.S. rail intermodal traffic remained down 11.2 percent (104,330 units) in October compared with the same month last year, there continue to be incremental month-to-month gains - up 4 percent from September 2009.
"October's intermodal numbers, along with the recently-announced increase in GDP for the third quarter, indicate that we are seeing some hope for improvement in the nation's economic situation," said AAR Senior Vice President of Policy and Economics John Gray. "While it is still too early to say we are on the road to recovery, railroads continue to take freight cars out of storage with over 11,000 cars back in service in October."
The all-encompassing Rail Time Indicators is a treasure trove of economic related activity is worthy of your time... If you care about such things ;)
Rail Time indicators - A Review of Key Economic Trends Shaping the Demand for Rail Transportation. (http://www.aar.org/NewsAndEvents/~/media/AAR/RailTimeIndicators/RailTimeIndicatorsNovember2009.ashx)
Year over year - total US and Canadian rail traffic
http://www.cleanmpg.com/photos/data/2/Oct_US_-_CA_Rail_Traffic.jpg