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Total U.S. weekly rail traffic down 10.6% ( coal down 33.5% )
Railway Age ^
| May 11, 2016
| Ben Vient
Posted on 05/12/2016 7:31:52 AM PDT by george76
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1
posted on
05/12/2016 7:31:52 AM PDT
by
george76
To: george76
This squares with a previous report (last week I think) that talked about the hundreds of rail cars that sit idle because they’re simply not needed. Right now anyway.
Feels like this economy is in a flat spin.
2
posted on
05/12/2016 7:37:10 AM PDT
by
MichaelCorleone
(Jesus Christ is not a religion. He's the Truth.)
To: george76
Don’t worry!
The economy’s doing great and unemployment is around 5%.
Don’t ask any questions unless you want a visit from DHS and the IRS.
3
posted on
05/12/2016 7:39:33 AM PDT
by
Arm_Bears
(Rope. Tree. Politician/Journalist. Some assembly required.)
To: george76
Transportation is what is known as a leading indicator, my guess is we are headed for a drop in our economy.
4
posted on
05/12/2016 7:41:56 AM PDT
by
stockpirate
(Rush is a low information talk show host concerning Ted sCruz and Marco foamboy Rubio.)
To: george76
Who’s got the Baghdad Bob picture?
5
posted on
05/12/2016 7:47:32 AM PDT
by
VTenigma
(The Democratic party is the party of the mathematically challenged)
To: stockpirate
The economy has been collapsing since 2008.
6
posted on
05/12/2016 7:48:47 AM PDT
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
To: george76
I can’t get the page to come up, but why is coal consumption down? Seems like it all goes for power generation, which has been declining somewhat but not that much...
7
posted on
05/12/2016 8:01:10 AM PDT
by
bigbob
To: MichaelCorleone
This squares with a previous report (last week I think) that talked about the hundreds of rail cars that sit idle because theyre simply not needed. Right now anyway. Feels like this economy is in a flat spin.
Also the report last week about orders for heavy duty trucks was down a lot....and today about the rise in unemployment claims.
8
posted on
05/12/2016 8:01:21 AM PDT
by
spokeshave
(Somewhere there is a ceiling for Trump.....Yeah, it's called The Oval Office)
To: bigbob
I think coal has gone down due to conversions of power plants to natural gas from coal.
9
posted on
05/12/2016 8:02:34 AM PDT
by
exit82
(Road Runner sez:" Let's Make America Beeping Great Again! Beep! Beep!")
To: spokeshave
....Not to mention that the Baltic Shipping Index is dropping like a stone....(also reported last week)
10
posted on
05/12/2016 8:02:46 AM PDT
by
spokeshave
(Somewhere there is a ceiling for Trump.....Yeah, it's called The Oval Office)
To: bigbob
A lot of coal plants are being shut down in favor of natural gas.
To: bigbob
I cant get the page to come up, but why is coal consumption down? Seems like it all goes for power generation, which has been declining somewhat but not that much. Remember when Obama said "I'm going to bankrupt the coal and electricity companies"
Well...he did it
The largest pillar of the coal industry has now fallen. In filing for bankruptcy last week, Peabody Energy joined Arch Coal, Patriot Coal, Walter Energy and Alpha Natural Resources among the largest coal mining companies recently facing this fate.
12
posted on
05/12/2016 8:08:42 AM PDT
by
spokeshave
(Somewhere there is a ceiling for Trump.....Yeah, it's called The Oval Office)
To: spokeshave
Here is Obama at the gym....practicing the arduous "bench lift"
So he can "turn over every stone"...in his mission to create jobs.
13
posted on
05/12/2016 8:11:25 AM PDT
by
spokeshave
(Somewhere there is a ceiling for Trump.....Yeah, it's called The Oval Office)
To: george76
14
posted on
05/12/2016 8:12:51 AM PDT
by
Carriage Hill
( A society grows great when old men plant trees, in whose shade they know they will never sit.)
To: spokeshave
You can add energy companies Linn Energy and Penn Virginia to the list as well, they just announced Chapter 11.
15
posted on
05/12/2016 8:59:50 AM PDT
by
Ghost of SVR4
(So many are so hopelessly dependent on the government that they will fight to protect it.)
To: george76
Railroad companies are excellent companies to monitor for market watchers. The results are not to surprising given recent quarterly earning calls. It is good to see grain up if only slightly as well as chemicals. Oil down in expected with the decline in drilling. Coal continues to slide because of regulation and international demand. Intermodal was down which means imports are down...
To: 11th Commandment
It is good to see grain up if only slightly as well as chemicals. Oil down in expected with the decline in drilling. Coal continues to slide because of regulation and international demand. Intermodal was down which means imports are down...My boy works on a Utah railroad and reports that coal shipments down 50%. The only thing keeping them afloat is the chemicals, and, surprisingly copper ore.
17
posted on
05/12/2016 10:10:17 AM PDT
by
Oatka
(Beware of an old man in a profession where men usually die young.)
To: george76
Obama succeeding beyond his wildest dreams. Thank you GOPe. Damn fine job of being the opposing party in control of the House and the Senate!
18
posted on
05/12/2016 10:13:41 AM PDT
by
Chgogal
(Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
To: george76; central_va; dragnet2
[The economy has been collapsing since 2008.]
Tell me about it. It’s a freaking disaster.
19
posted on
05/12/2016 10:43:03 AM PDT
by
SaveFerris
(Be a blessing to a stranger today for some have entertained angels unaware)
To: SaveFerris
The best boost to the economy will be psychological when the mini dark age ends and Trump is sworn in.
20
posted on
05/12/2016 10:47:43 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
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