by Calculated Risk on 12/08/2022 09:51:00 AM
From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission.
the month (232,547) was slightly higher than the weekly average so far in 2022 (231,961). In November,
eight of the 20 carload categories we track had gains. … U.S. intermodal originations, which are not included in carloads, fell 5.4% in November — their
ninth straight decline and 15th in the past 16 months. Year-to-date intermodal was down 4.8%.
This graph from the Rail Time Indicators report shows the six-week average of U.S. Carloads in 2020, 2021 and 2022:
railroads averaged 232,547 per week, down 0.9% from
November 2021 but slightly higher than the average
week so far in 2022.
included in carloads, fell 5.4% in November 2022 from
November 2021 — their ninth straight year-over-year
decline and 15th in the past 16 months. In 2022 through
November, intermodal volume was down 4.8% (637,473
containers and trailers) from last year but was up 1.7%
(211,419 units) over 2020. Much of what railroads haul in
intermodal service fills the shelves of big-box and other
retailers, and retailers’ demand for items to fill their
shelves depends in part on inventory levels.