US Rail Freight Sees Mixed Trends Carloads Rise Intermodal Falls
According to the Association of American Railroads, U.S. rail carload traffic increased by 2% for the week ending September 17, with coal, nonmetallic minerals, and motor vehicles leading the gains. Intermodal traffic, however, decreased by 7.3%. Year-to-date, carload traffic is up slightly by 0.3%, while intermodal traffic is down 5.1%. Total North American rail volume also declined year-over-year. These diverging trends are influenced by various factors. Railroad companies need to proactively address challenges and seize opportunities in the future.
