U.S. railroads report strong intermodal growth as truck capacity tightens

Summary

InTek's July intermodal report cited CSX intermodal volume up 9% (its largest growth contributor, tied to truck-to-rail conversion), Norfolk Southern intermodal revenue up 22% on 5% more volume, and Union Pacific domestic intermodal up about 19%. The shift reflects tightening truck capacity pushing freight to rail on lanes over roughly 700 miles.