- "It’s not like the sky is falling or anything, but while U.S. rail traffic numbers were very solid a few months ago, they were less solid in November," the Association of American Railroads wrote in its Rail Time Indicators report for December.
- U.S. railroads originated 1.03 million carloads and 1.1 million intermodal units last month, a 0.2% drop and 2.5% rise from November 2017, respectively. The figures represent the first decline in nine months for carloads and the slowest gain in 19 months for intermodal units.
- "November might just be a temporary correction as rail customers rebalance inventories," AAR Senior Vice President John Gray said in a statement. "However, it would be prudent to keep an eye on forward-looking economic indicators."