by Calculated Risk on 7/09/2022 08:11:00 AM
From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission.
U.S intermodal originations in June were down 4.6% from last year, their fifth decline in 2022’s
first six months.
Click on graph for larger image.
This graph from the Rail Time Indicators report shows the six-week average of U.S. Carloads in 2020, 2021 and 2022:
third consecutive year-over-year decline and the fourth
in the first six months of 2022. In 2022’s second quarter,
total carloads were down 2.7% from last year; in the first
half, they were down 0.1%. Since 1988, when our data
begin, only 2020 had fewer first-half carloads than 2022.
The second graph shows the six-week average (not monthly) of U.S. intermodal in 2020, 2021 and 2022: (using intermodal or shipping containers):
decline in 2022’s first six months and the 10th in the past
11 months. Intermodal originations averaged 264,624 per
week in June 2022, the fewest in four months.