US Rail Freight Decline Points to Economic Slowdown
According to the Association of American Railroads, U.S. rail freight and intermodal traffic both declined year-over-year for the week ending August 6th. While rail freight saw a slight increase, intermodal transportation experienced a downturn, contributing to overall weak freight volumes. The overall softness in the North American rail freight market suggests a potential slowdown in economic growth, weakened consumer demand, and a deceleration in industrial production, raising the risk of economic recession. The future of rail freight presents both challenges and opportunities.









