US intermodal traffic climbs 7% year-over-year in September
U.S. intermodal volumes grew in September amid a continued increase in U.S. imports.
U.S. intermodal volumes grew in September amid a continued increase in U.S. imports.
U.S. intermodal traffic continues its upward trend but carloads are still lower year-over-year.
U.S. rail volumes were down by only 1.3% compared with the same period in 2019. Intermodal traffic provided the boost.
U.S. rail volumes, including intermodal traffic, fell in a week that was shortened by Labor Day.
U.S. intermodal traffic continues upward trend; separately, Kansas City Southern reportedly rejects takeover bid.
Weekly U.S. intermodal traffic continues upward, but Hurricane Laura could threaten that trend.
Weekly U.S. intermodal volumes notched higher again for the second week in a row.
Intermodal volumes actually grew year-over-year.
U.S. carloads fall nearly 18%, although intermodal traffic slipped by only 1%.
As U.S. weekly carloads have trended lower for months, rail industry stakeholders discuss how to relieve the railcar supply glut.
Weekly volumes for U.S. intermodal units were only 1.7% lower than the same period in 2019.
The reduction in employee levels comes as the railroads deploy cost-cutting measures to match network capacity needs with market demand.
U.S. rail traffic is still facing double-digit percentage declines amid trade uncertainties and the coronavirus pandemic.
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. That search for modal share growth is still fundamentally the real strategic challenge for the seven Class 1 North American railroads. Profitability remains excellent. Net cash flow? Down a bit during the second quarter […]
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