Weekly Intermodal Rail Traffic Rises 12.3%
U.S. rail intermodal traffic rose 12.3% for the week ended July 4 as carloads continued to decline, the Association of American Railroads reported.
Intermodal traffic increased from the same week last year to 255,015 intermodal trailers and containers, AAR announced July 8 in its weekly report.
The rise follows a 4.1% increase the prior week. Rail carload volume, which excludes intermodal units, dropped 7.1% from the same time last year to 251,269 carloads.
The last year-over-year carload increase was the week of April 18, when volume rose 1.2%.
Six of the 10 commodity groups tracked by AAR posted an increase in traffic for the week, led by miscellaneous products at 15.7%.
Intermodal volume for 13 reporting North American railroads increased 10% to 325,156 trailers and containers.
North American carload volume, excluding intermodal, declined 6.6% to 339,947.
Canadian railroads moved 59,804 intermodal units, a 4.3% rise. Mexican rail moved 10,337 units, an 8.2% decline from the same time last year.
Year to date, U.S. intermodal volume increased 2.7% to 6.86 million units.
For the first 26 weeks of the year, carloads declined 3.9% to 7.18 million from the same time last year, according to AAR.