US Rail Freight Decline Signals Economic Worries
Data from the Association of American Railroads shows that U.S. rail freight and intermodal traffic both declined year-over-year in the week ending April 23, signaling a potential economic slowdown. While automotive and agricultural product shipments saw growth, traditional bulk commodities like coal and grain faced pressure. Overall North American rail transport has slowed, influenced by weak consumer demand, manufacturing challenges, accelerated energy transition, and supply chain bottlenecks. Future development hinges on global economic recovery, policy support, and infrastructure improvements.
