Latest News

AAR: July Rail Carloads and Intermodal Decreased Year-over-year


From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission.
The July 4th holiday complicates an analysis of U.S. rail volumes in July, but there were some
encouraging signs.

For example, the three non-July 4 weeks in July were the three highest-volume intermodal
weeks of the year for U.S. railroads. Intermodal in July 2023 was still down 5.5% from July 2022, but that’s
the smallest percentage decline for any month so far this year.
emphasis added
Click on graph for larger image.

This graph from the Rail Time Indicators report shows the six-week average of U.S. Carloads in 2021, 2022 and 2022:
U.S. railroads originated 875,660 total carloads in
July 2023, down 0.6% from July 2022 and their second
straight small decline. Carloads averaged 218,915 per
week in July 2023, the fewest for any month so far in 2023.
July 4th is a big reason for that — the week of July 4th is
always one of the lowest-volume weeks of the year.
The second graph shows the six-week average (not monthly) of U.S. intermodal in 2021, 2022 and 2023: (using intermodal or shipping containers):
U.S. intermodal volume averaged 241,888 containers and
trailers per week in July 2023, down 5.5% from July 2022 and the 23rd decline in the past 24 months.
July’s percentage decline was the smallest so far this year. The three non-July 4 weeks in July were the
three highest-volume intermodal weeks of the year, which could be a hopeful sign for the future.

July Employment Report: 187 thousand Jobs, 3.5% Unemployment Rate

Previous article

Aug 4th COVID Update: New Pandemic Low for Deaths

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News