12/6/2013

Freight carload traffic and intermodal volume of U.S. railroads dropped in the week ending Nov. 30 compared with the year-ago levels, but each gained on a monthly basis, according to the Association of American Railroads. Carload activity rose 1.3% in November year-on-year, while intermodal increased 7.8%. "Carload traffic continues to be consistent with an economy that's growing at a moderate pace," said John Gray, AAR senior vice president. "Meanwhile, rail intermodal volume was extremely strong in November, demonstrating the tremendous value that intermodal has become for rail customers."

Full Story:
RailwayAge.com

Related Summaries