Rail Cargo Drop Accelerates, Pointing to U.S. Economy Weak Spots

  • Carloads since October fall 5.1% vs. 1.6% third-quarter drop
  • Consumer-goods freight began to decline at end of September

A sharper decline in U.S. railroad cargo this quarter points to weak spots in the U.S. economy as a strong dollar crimps exports, retailers whittle down excess inventory and energy investment stalls.

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