American rail freight traffic was up two percent in October

The Association of American Railroads (AAR) reports that U.S. railroads originated 912,772 carloads in October 2020, down 6.6 percent, or 64,634 carloads, from October 2019. U.S. railroads also originated 1,169,874 containers and trailers in October 2020, up 10.0 percent, or 105,966 units, from the same month last year.

Combined U.S. carload and intermodal originations in October 2020 were 2,082,646, up 2.0 percent, or 41,332 carloads and intermodal units from October 2019.

In October 2020, 10 of the 20 carload commodity categories tracked by the AAR each month saw carload gains compared with October 2019. These included: grain, up 21,557 carloads or 25.5 percent; iron & steel scrap, up 3,579 carloads or 29.1 percent; and waste & nonferrous scrap, up 1,527 carloads or 11.2 percent.

Commodities that saw declines in October 2020 from October 2019 included: coal, down 56,343 carloads or 19.1 percent; crushed stone, sand & gravel, down 14,275 carloads or 16.0 percent; and petroleum & petroleum products, down 10,199 carloads or 20.0 percent.

Source: AAR

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