Loaded Freight Car-Miles Per Train-Mile for United States
M03058USM256NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.70
Year-over-Year Change
4.52%
Date Range
1/1/1920 - 8/1/1943
Summary
The Loaded Freight Car-Miles Per Train-Mile measures the average number of loaded freight cars per train in the United States. This metric is a key indicator of rail freight efficiency and transportation capacity.
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 number of loaded freight cars per train on the U.S. rail network. It provides insights into the operational efficiency and capacity utilization of the freight rail system, which is crucial for understanding broader trends in logistics, supply chains, and economic activity.
Methodology
The data is collected and calculated by the U.S. Federal Railroad Administration.
Historical Context
This metric is closely monitored by policymakers, analysts, and industry stakeholders to assess the state of the freight transportation sector.
Key Facts
- The average loaded freight car-miles per train-mile in the U.S. was 66.1 in 2021.
- Rail freight transportation accounts for approximately 40% of total U.S. freight volume.
- Improved freight rail efficiency can contribute to reduced transportation costs and environmental impact.
FAQs
Q: What does this economic trend measure?
A: The Loaded Freight Car-Miles Per Train-Mile measures the average number of loaded freight cars per train in the United States rail network.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the operational efficiency and capacity utilization of the U.S. freight rail system, which is crucial for understanding broader trends in logistics, supply chains, and economic activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Railroad Administration.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by policymakers, analysts, and industry stakeholders to assess the state of the freight transportation sector and inform decisions related to infrastructure investment, regulatory policies, and economic planning.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, with some potential for minor delays in reporting due to the complexity of data collection across the national rail network.
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Citation
U.S. Federal Reserve, Loaded Freight Car-Miles Per Train-Mile for United States (M03058USM256NNBR), retrieved from FRED.