THE PRAGMATIC CAPITALIST A? A? RAIL DATA IMPROVES
Rail traffic was mixed this week as the Chinese New Year skewed some of the data according to the AAR. Carloads fell 1.6% year over year and were down 15.3% versus 2008. Intermodal traffic jumped 19% , but was down 11.1% versus 2008. The year over year data was skewed by a sharp jump in container volume due to the week of the Chinese New Year. As a result container volume rose 25% year over year.
