Weekly Rail Traffic Continues to Improve
WASHINGTON, D.C. – "The Association of American Railroads (AAR) today reported that intermodal volume on U.S. freight railroads for the week ended June 19, 2010, reached its highest level since the 45th week of 2008. Intermodal traffic totaled 227,985 trailers and containers, up 21.2 percent from last year but down .2 percent from 2008.
Compared with the same week in 2009, container volume increased 23.2 percent while trailer volume rose 10.5 percent. Compared with the same week in 2008, container volume was up 8.8 percent while trailer volume fell 32.8 percent.
Combined North American rail volume for the first 24 weeks of 2010 on 13 reporting U.S., Canadian and Mexican railroads totaled 8,837,265 carloads, up 10.3 percent from last year, and 6,225,829 trailers and containers, up 12.5 percent from last year."
MP: The weekly report on rail traffic shows promising signs of continued improvements in rail freight activity, with intermodal traffic far above last year's level by 21.2%, and almost back to the same level of traffic for Week 24 of 2008 (lower by only 0.20%). Container volume is up both from the same week in 2008 (by 8.8%) and the same week in 2009 (by 23.2%). Trailer volume is also above last year's level, but down by 33% from 2008.
Combined North American (Canada, U.S. and Mexico) rail activity is up by double-digit percent increases for carloads, trailers and containers.