US Rail Freight Gains in Carloads Loses in Intermodal
According to the Association of American Railroads, U.S. rail carloads increased by 3.3% year-over-year in late January, driven primarily by nonmetallic minerals and coal. However, intermodal traffic decreased by 6.7% year-over-year, suggesting weaker consumer demand. Year-to-date, carloads have increased by 3%, while intermodal traffic has declined by 8.4%. Overall North American rail traffic has slightly decreased, reflecting a complex economic outlook. The contrasting trends in carload and intermodal volumes highlight the mixed signals within the current economic landscape.
