Total N. American rail traffic came in at 665k cars last week. Interesting was auto, which is now back to near the 2011 high levels (which would be 3 yr. highs) and has rebounded unusually hard from the Holiday lows.
The level itself remains elevated over 2011 showing more growth.
Nomad Investment Partnership: Keep An Eye On The Unseen Risks
There are many ways to define risk. Warren Buffett has said that "risk comes from not knowing what you're doing." Q3 2020 hedge fund letters, conferences and more His mentor, Benjamin Graham, believed that risk should be measured as the chance of a permanent capital impairment of an investment. Seth Klarman also holds this view. Read More
Of the carriers, ($NSC, $KSU, $BNI, $UNP, $CSX) all posted increases while $KSU’s was in % terms the largest.
Here is the chart.