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Economy

Rail Carload Volume Improves by Nearly One-Third in May

Source: https://public.railinc.com/about-railinc/blog/carload-volume-improves-nearly-one-third-may-short-line-index

The number of carloads moved on short line and regional railroads in May 2021 was up compared to May 2020. Carloads originated increased 29.0 percent, from 286,673 in May 2020 to 369,862 in May 2021.

Virtually all carload groups were up. Motor Vehicles and Equipment led gains again with a 384.3 percent increase. Petroleum Products was up 102.8 percent and Waste and Scrap Materials and Nonmetallic Minerals increased 67.6 and 65.7 percent respectively. Pulp, Paper and Allied Products was the only decline, down 0.3 percent in May.

Carloads originated for 2021 were at 1,735,505 through May 31, up about 150,000 carloads, or 9.5 percent from 2020.

To learn more about the data behind this article and what Railinc has to offer, visit https://public.railinc.com/.

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Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

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Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us