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Rail Traffic Declines To Recession Levels (Trains Got The Disappearing Railroad Blues)

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.

To paraphrase Arlo Guthrie from the great Steve Goodman song City of New Orleans, “These trains got the disappearing railroad blues.”

Rail freight carloads (shipments) have fallen below the depths of The Great Recession and are seemingly disappearing.


In year over year terms, it looks just as bad.


Is it the EPA’s “War on coal?” Or is it a recession warning?

Coupled with the decline in construction, I would point to the latter: a slowing economy.


Whether it is a slowing economy or the “War on coal,” we do have a case of the disappearing (freight) train blues.

Or is it the “Disappearing Economy Blues.”


Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.

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