Thursday, January 19, 2012

US Intermodal Traffic Surges 7.4 Percent

Intermodal volume hauled by major U.S. railroads surged 7.4 percent year-over-year in the week ending Jan. 14 and skyrocketed 18.2 percent from the week prior, suggesting American companies see strong demand this year.
Carload traffic rose 5.5 percent year-over-year and 8.2 percent from the prior week, a sign manufacturers have a similar confidence degree of confidence, according to the Association of American Railroads. The strong carload suggests the 0.4 percent ramp up in U.S. industrial production in December will carry through into January. Continued

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