US Rail Freight Gains in Coal Slumps in Container Traffic
Data from the Association of American Railroads shows that for the week ending November 29th, US rail freight traffic increased year-over-year, while intermodal traffic declined, indicating a 'hot carload, cold container' situation. Demand for coal, minerals, and grain is strong, while miscellaneous freight, forest products, and chemicals are down. Year-to-date figures still show growth. However, global economic uncertainties pose challenges. Digital transformation could present opportunities for the rail freight sector to adapt and thrive in the changing landscape.
