Rail Transport
AAR: Carloads Down, Intermodal Up for Week 21 U.S. rail traffic for the week ending May 25, 2024 (Week 21) was up 1.2% from the prior-year period, as intermodal gains offset carload losses, according to the Association of American Railroads’ (AAR) latest report.
Week 21 U.S. Rail Traffic Report
In Week 21, U.S. rail traffic showed a positive trend with a 1.2% increase from the previous year. This growth was mainly driven by gains in intermodal traffic, which helped offset the losses in carloads. The latest report from the AAR provides valuable insights into the current state of rail transport in the country.
Importance of Intermodal Traffic
Intermodal traffic plays a crucial role in the overall performance of the rail transport sector. As seen in the Week 21 report, the increase in intermodal traffic helped boost the industry despite the challenges faced by carload shipments. This highlights the resilience and adaptability of the rail transport system in responding to changing market conditions.