Intermodal Traffic Rises 1% for Week
Intermodal traffic rose 1% last week from a year ago, the Association of American Railroads said.
Traffic increased to 214,343 units for the week ended Saturday, AAR said in its weekly report. Trailers rose 8.3% to 34,353 units, while containers slipped 0.3% to 179,990 units.
Railroad carloads showed a 5.5% gain to 300,953 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.
