Rail Traffic is Starting to Soften - InvestingChannel

Rail Traffic is Starting to Soften

The latest reading on rail traffic is showing some fairly substantial softening. The weekly reading in intermodal traffic came in at -5.7% which brings the 12 week moving average to just 1.7%. That’s the weakest reading since the middle of last year. On the whole, this is much more consistent with the muddle through economic environment we’ve been seeing.

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