US Rail Freight Intermodal Volumes Drop Over Thanksgiving
Data from the Association of American Railroads shows that for the week ending November 30, U.S. rail freight and intermodal volumes both decreased year-over-year, likely influenced by the Thanksgiving holiday. Freight volume fell by 19.9% and intermodal volume by 8.5% compared to the same week last year. Year-to-date figures present a mixed picture, with freight volume down 3.1% and intermodal volume up 9.1% year-over-year. Future trends will depend on the economic environment, commodity performance, and overall industry developments.
