Skip to content
Subscriber Only
Technology
Economics

Rail Freight Gains as Record Retail Sales Buoy December Rush

North American railroads’ seasonal peak in shipments may be extending into December as an increase in online Christmas shopping boosts demand for moving packages.

Christmas shipping is shifting closer to the holiday after retailers delayed building inventory because of concern the economy would enter a recession, said Tony Hatch, an independent rail analyst in New York. Late restocking and railroads’ gains in reliability mean shippers may send more cargo by train this month, when volumes typically slow, he said.