It’s hard to predict if we’ll slide into an overall economic recession.”November marked the 10th straight month that rail freight deteriorated from the last year’s stellar traffic levels. Rail freight carloads were down 7.4 percent this November versus the prior year, according to closely watched data from the Association of American Railroads. AD“For our industry, trade has become just a huge part of what we do. Now, after PSR, railroads are running more trains with mixed goods and on a set schedule that leaves no matter what. Fully automated freight trains began running in Australia about a year ago, a possible precursor of what’s to come.

Source: Washington Post January 03, 2020 21:19 UTC