US Rail Freight Slump Signals Economic Worries
Data from the Association of American Railroads shows that for the week ending May 21st, both U.S. rail freight volume and intermodal traffic decreased year-over-year. Among specific categories, coal and petroleum shipments saw significant declines, with only a few categories like miscellaneous carloads experiencing growth. Cumulative data for the first 20 weeks of the year also indicates a substantial decrease in freight volume. As a leading economic indicator, this decline in rail freight volume suggests potential risks to the U.S. economy, requiring close monitoring and proactive measures.









