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AAR: July Rail Carloads down, Intermodal Down Compared to 2019

by Calculated Risk on 8/06/2021 02:08:00 PM

From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission.

U.S. rail traffic in July 2021 was up over July 2020, but for most commodity categories the
percentage increase was significantly lower than in other recent months, both because of more difficult
comparisons and because various external factors have led to a recent deceleration in rail volumes.
In July, total U.S. carloads were up 6.6% over July 2020 and down 13.3% from July 2019.
emphasis added

Rail Traffic Click on graph for larger image.

This graph from the Rail Time Indicators report shows the six week average of U.S. Carloads in 2019, 2020 and 2021:

U.S. railroads originated 904,670 total carloads
in July 2021, up 6.6% over July 2020 and down 13.3% from
July 2019
. The 6.6% is the smallest year-over-year gain
for total carloads in four months. Total carloads
averaged 226,168 per week in July 2021, which is the
smallest weekly average for any month since February
2021 and the smallest weekly average for July — other
than July 2020 — since our records begin in 1988.

Rail TrafficThe second graph shows the six week average (not monthly) of U.S. intermodal in 2019, 2020 and 2021: (using intermodal or shipping containers):

U.S. intermodal originations
were up 1.5% in July
2021 over July 2020 but were down 1.9% from July 2019.

The carload categories that caused the biggest problems for
U.S. rail volumes in July 2021 were motor vehicles and grain.

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