Intermodal Traffic Drops for Week
U.S. intermodal rail traffic fell 9.5% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.
Total intermodal volume declined to 206,890 units, from 228,632 last year, AAR said in its weekly report.
Containers fell 3.4% to 173,927 units, while trailer volume plunged 32.3% to 33,963 units.
Freight rail traffic, which excludes intermodal traffic fell 12.2% to 274,846 carloads, AAR said.
Railroad volume is considered an important economic indicator. Intermodal traffic, which tends to be higher-valued merchandise than bulk commodities, uses trains for the long haul and trucks for the shorter distance at either end of the trip.
