For the week ending August 22, carload freight, which does not include intermodal data, totaled 279,478 cars, a 16.1 percent annual decline. Despite the decline, this is the highest weekly carload freight total since the week ending March 14, which hit 279,287 cars, and it is better than the cumulative 17.2 percent decline from the previous four weeks.
The AAR said that carloadings were down 14.2 percent in the west and 18.9 percent in the east. Weekly carload was higher on a sequential basis, too, topping 276,488 carloads for the week ending August 15.
