Intermodal Volume Declines for Week

Rail carload freight rose modestly but intermodal traffic continued a downward trend last week, falling 3.6% compared with a year ago, the Association of American Railroads said Thursday.

Intermodal volume declined to 223,126 trailers and containers, the group said in its weekly report. Container volume dipped 0.6%, while trailers fell by 13.2%.

Rail carloads fell by 0.5%. It was the fifth straight decline for intermodal, while rail carloads had fallen in the four previous weeks.

Total volume was estimated at 34.6 billion ton-miles, up 2.4% from last year.



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.

 

Follow Us

Trending

Newsletter Signup

Subscribe to Transport Topics

Hot Topics