Rail Freight Continues to Show Signs of Recovery
WASHINGTON, D.C. - Mar. 11, 2010 - "Rail freight volume on U.S. railroads is continuing to show some signs of recovery, with both carload freight and intermodal traffic during the week ended March 6 registering gains from last year," the Association of American Railroads reported yesterday. Highlights include:
1. U.S. railroads originated 285,160 carloads during the week, up 3.7% from the comparable week in 2009.
2. Intermodal traffic totaled 212,296 trailers and containers, up 17.9% from last year and up 2.9% compared with 2008.
3. Compared with the same week in 2009, container volume increased 22.6% and trailer volume slipped 3.2%.
4. Compared with the same week in 2008, container volume was up 15.3% while trailer volume fell 36.2%.
5. Total volume for the week was estimated at 31.1 billion ton-miles, up 5.1% from last year.