Latest Rail Data Shows HUGE Rebound In Activity


The latest from the Association of American Railroads indicates a big pickup in train activity, a sure sign that the real economy matches what markets have been doing.

Here’s a breakdown of year-over-year rail volume activity by various industries:

  • Petroleum products up 51%.
  • Chemicals up 42%.
  • Motor Vehicles & Parts up 51%.
  • Lumber (a housing tell) lagging with just a gain of 3.4%.
  • Grain up 8%.

Anyway, we’re sure Warren Buffett, owner of Burlington Northern, is smiling.

The full report is embedded below.

Rail Time Indicators May 2010

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