Intermodal Traffic Rises 4.4% for Week
U.S. intermodal traffic rose 4.4% last week from a year ago, led by an increase in container traffic, the Association of American Railroads said.
Container traffic rose 5.4% to 215,864 units, while trailer traffic dipped 1% to 35,000 units.
Railroad carloads excluding intermodal rose 4.7%, to 312,170 units, AAR said in its weekly report.
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.
