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Decline In Freight Demand Keeping Lid On Railroad Rates
Decline in freight demand keeping lid on railroad rates
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Dec 25, 2016 at 11:20 AM CST
http://www.joc.com/rail-intermodal/class-i-railroads/decline-freight-demand-keeping-lid-railroad-rates_20161225.html
The North American railroad industry avoided many of the major shocks that threatened to disrupt its system in 2016. Instead, the industry grappled with something more gradual: a slowdown, as freight demand fell to historic lows and pulled intermodal traffic and shipping rates down with it. Now, neither shippers, analysts, nor railroad