“The latest monthly and weekly report from the AAR showed more signs of a sluggish economy. The latest weekly dataturned negative once again with carloads posting a -4.1% decline and intermodal posting a gain of 5.5%. The 10 week moving average in intermodal moved slightly higher to 3.1%. The AARhas details on the monthly and weekly report:
If you enjoy the content at iBankCoin, please follow us on Twitter“The Association of American Railroads (AAR) today reported U.S. rail carloads originated in April 2012 totaled 1,113,105, down 64,335 carloads or 5.5 percent, compared with April 2011. Intermodal volume in April 2012 was 946,951 trailers and containers, up 32,505 units or up 3.6 percent, compared with April 2011. Detailed monthly data charts and tables will be available in the AAR’s Rail Time Indicators released online tomorrow.
Twelve of the 20 commodity categories tracked by the AAR saw carload gains in April 2012 compared with April 2011, including petroleum and petroleum products, up 11,376 carloads, or 43.1 percent; motor vehicle and parts, up 11,360 carloads, or 21.1 percent; crushed stone, gravel, and sand, up 6,617 carloads, or 9.3 percent, and steel and other primary metal products, up 3,297 carloads, or 8.1 percent.”
