by Clifton Linton, Editor, Energy Transport Insider
Petroleum and petroleum product carloads stood at 10,320 in the week ending Oct. 1, down 22.2% from the same week a year prior, the Association of American Railroads reported Wednesday.
Petroleum and petroleum product carloads, at 432,601, were down 22.2% through the end of the third quarter.
Of the 10 major rail traffic groups tracked by the AAR, petroleum and petroleum carloads were the eighth busiest through the first nine months of the year, according to the AAR. However, this loading provides high margins due to the extra handling ...