Rail Freight Increases; Intermodal Continues to Surge
verall rail freight traffic rose 1.3% for the week ended July 30 compared with the same week last year, and intermodal volume continued to increase at a greater rate, the Association of American Railroads said.
Intermodal volume rose 5.9%, the rail trade group said in its weekly report. Container volume rose 7.9% to 177,110 units, while trailer levels rose 0.1%, to 57,248 units.
Total rail volume rose to 342,800 car loads for the week over the same week last year, 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.
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