U.S. weekly rail traffic surges 8.7% as intermodal extends ten-week run

Summary

AAR data for the week ending 4 July showed total U.S. rail traffic of 582,121 carloads and intermodal units, up 8.7% year-on-year, with intermodal volumes up 12.9% - the seventh straight week of double-digit intermodal gains. Mexican rail intermodal rose 56%. Year-to-date U.S. traffic is up 3.4%, underlining a broad freight recovery.