Total N. American rail traffic last week came in at 672K vs 670K the prior week?.call it a wash. What is VERY encouraging is that rail traffic seems to be defying the Japan disaster. We are now left wondering not whether Japan will cause a dip in rail traffic but how much higher could it be without the Japan effect. We are certain that there has been an effect on rail traffic in N. America due to Japan just because of the import/export disruptions on west coast ports.
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