US Rail Freight Volumes Drop in Early 2024
Data from the Association of American Railroads shows that U.S. rail freight and intermodal volumes declined year-over-year in the first week of February, with varying performance across categories. While cumulative freight volume saw a slight increase, the decline in intermodal transportation partially offset this growth. Overall, North American rail freight volume decreased, with significant regional differences. Moving forward, railway companies need to optimize asset allocation, improve operational efficiency, expand service offerings, strengthen partnerships, embrace digitalization, and focus on sustainable development to address challenges and seize opportunities.









