GOOD NEWS FOR THIS GROWING ECONOMY!
Carload traffic grew by 7.3 percent in March when compared with the same month in 2016, the Association of American Railroads reported.
The carriers originated 1,298,173 containers and trailers, a gain of 3.8 percent, or 47,180 units, from a year ago.
Combined U.S. carload and intermodal in March were 2,581,662, up 5.5 percent or 134,363 carloads and intermodal units over March 2016.
Thirteen of the 20 carload commodity categories tracked by the AAR saw gains led by coal, up 19 percent or 63,846 carloads; crushed stone, gravel, and sand, up 12.5 percent or 13,154 carloads, and grain, up 10.6 percent or 11,336 carloads.
Commodities that declined from March 2016 included motor vehicles and parts, down 5.3 percent or 4,999 carloads; petroleum and petroleum products, off 8.1 percent or 4,382 carloads, and chemicals, down 1.3 percent or 2,113…
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