On the Chessie Seaboard eXpress Combined network here in the midwest freight shipments are way down over the past 3 months. In the past 16 years I've seen total carloads this low once. Coal is at a low, shale oil disappeared, raw materials for manufacturing are at a low. Raw materials are an indication of goods that will be available on the market once utilized in the manufacturing process. The only thing that seems to be shipping at a strong rate is automobiles and finished goods from overseas. The forecast that I've been able to uncover; at the current carload volume, is that the low volume will continue through mid to late March. From what I've learned about railroad shipments is the raw material volume is a very strong indicator of the US economy 6 months down the road. So much so that RR volume has a substantial impact on the stock market. Has anyone else noticed a dramatic drop in volume?