http://www.calculatedriskblog.com/2009/01/rail-freight-traffic-off-sharply-in.htmlThe economic slowdown continued to affect U.S. railroads as freight volume declined during the second week of 2009 in comparison with same week last year, the Association of American Railroads (AAR) reported today.
Carload freight totaled 267,063 cars, down 17.9 percent from 2008, with loadings down 13.2 percent in the West and 24.4 percent in the East. Intermodal volume of 199,117 trailers or containers was off 13.7 percent from last year, with container volume falling 10.2 percent and trailer volume dipping 27.0 percent. Total volume was estimated at 28.3 billion ton-miles, off 16.8 percent from 2008.
Rail traffic so far in 2009: Ouch.
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Rail traffic so far in 2009: Ouch.
I've never met a retarded person who wasn't smiling.
Rail traffic so far in 2009: Ouch.
this should come as no surprise to anyone.
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Rail traffic so far in 2009: Ouch.
That is a stunning drop especially given the spike in fuel prices ( and how it affected trucking).
Star Kings Forever!
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Rail traffic so far in 2009: Ouch.
Speaking of trucking....Ouch again:
http://www.calculatedriskblog.com/2009/01/truck-tonnage-index-cliff-diving.html
From: "Truck Tonnage Index: Cliff Diving" over at Calculated Risk
http://www.calculatedriskblog.com/2009/01/truck-tonnage-index-cliff-diving.html
From: "Truck Tonnage Index: Cliff Diving" over at Calculated Risk
I've never met a retarded person who wasn't smiling.
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Rail traffic so far in 2009: Ouch.
And the hits keep coming for cargo numbers...this time air cargo:
Triple ouch.
http://www.iata.org/pressroom/pr/2009-01-29-01.htmThe International Air Transport Association (IATA) released international scheduled traffic results for both December 2008 and the full-year.
In the month of December global international cargo traffic plummeted by 22.6% compared to December 2007. The same comparison for international passenger traffic showed a 4.6% drop. The international load factor stood at 73.8%.
For the full-year 2008, international cargo traffic was down 4.0%, passenger traffic showed a modest increase of 1.6%, and the international load factor stood at 75.9%.
“The 22.6% free fall in global cargo is unprecedented and shocking. There is no clearer description of the slowdown in world trade. Even in September 2001, when much of the global fleet was grounded, the decline was only 13.9%,” said Giovanni Bisignani, IATA’s Director General and CEO.” Air cargo carries 35% of the value of goods traded internationally.
Triple ouch.
I've never met a retarded person who wasn't smiling.