US Rail Freight Declines Amid Economic Uncertainty
According to the Association of American Railroads, U.S. rail freight and intermodal traffic decreased year-over-year for the week ending August 19, 2023. Carloads of motor vehicles, coal, and petroleum products increased, while grain, forest products, and farm products & food carloads declined. Year-to-date figures show a slight increase in rail freight carloads but a significant decrease in intermodal volume. Macroeconomic conditions, industry trends, supply chains, and energy prices are among the multiple factors influencing rail freight transportation.









