US Rail Freight Volumes Drop Amid Economic Slowdown
According to the Association of American Railroads, U.S. rail freight and intermodal traffic decreased year-over-year for the week ending August 19th. While carload and coal traffic increased, grain and forest products declined. Year-to-date, total carload traffic saw a slight increase, but intermodal traffic significantly decreased. Factors contributing to this include a global economic slowdown, industry challenges, and internal railroad issues. The recovery of rail freight volume faces considerable challenges in the future.









