Average Load Per Freight Car, Class I Steam Railroads for United States
M0302AUSM525NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.70
Year-over-Year Change
3.06%
Date Range
1/1/1918 - 8/1/1943
Summary
The Average Load Per Freight Car, Class I Steam Railroads for United States measures the average weight of cargo transported per freight car by major U.S. railroads. This metric is a key indicator of freight rail efficiency and capacity utilization.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic trend represents the average amount of freight loaded onto each rail car operated by the largest Class I railroad companies in the United States. It provides insight into the productivity and hauling capacity of the national freight rail network.
Methodology
The data is collected and reported by the U.S. Federal Railroad Administration based on operational statistics from major freight rail carriers.
Historical Context
Analysts and policymakers use this metric to assess the performance and utilization of the U.S. freight rail system.
Key Facts
- The average freight car load has increased by over 25% since 1990.
- Freight rail carries over 40% of all ton-miles of intercity freight in the U.S.
- Efficient freight rail reduces highway congestion and carbon emissions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weight or volume of cargo loaded onto each freight rail car operated by major U.S. railroad companies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the productivity and utilization of the national freight rail network, which is crucial for understanding logistics, supply chains, and transportation infrastructure.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Railroad Administration based on operational statistics from major freight rail carriers.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess the performance and efficiency of the U.S. freight rail system, which informs decisions about transportation infrastructure investment and logistics regulation.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-month delay, and may be subject to revisions based on updated information from rail carriers.
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Citation
U.S. Federal Reserve, Average Load Per Freight Car, Class I Steam Railroads for United States (M0302AUSM525NNBR), retrieved from FRED.