Tuesday, January 24, 2012

US Rail Shipping Traffic Plunging

 As discussed in The Doc's interview with Jim Willie last week, large_willie012012b.jpgas well as the BDI shipping rates plunging, US rail shipping is falling off a cliff as well.  
REAL data is indicating that the US economy is rolling over again, and is nearing the 2008 nadir.


Thanks to our friend TF of TFMetalsreport.com for finding this graph of US rail contraction.