Freight carload traffic of U.S. railroads rose 5.1% in the week ended Nov. 2 year-on-year, and intermodal surged 17.7%,, according to the Association of American Railroads. Of the 10 carload categories, eight posted gains, led by an 18.6% increase in nonmetallic minerals and products, while North American chemical shipments were up 5.9%. "There's been some concern lately that the recovery may be running out of steam. Rail traffic data for October doesn't seem to support that," said John Gray, AAR senior vice president.

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