U.S. railroads' carloads down 4.4 percent
U.S. freight railroad traffic continued its ongoing slump last week, with U.S. railroads reporting a total 562,884 carloads and intermodal units for the week ending Aug. 8, down 0.9 percent compared with the same week last year, according to the Association of American Railroads (AAR).
U.S. railroads logged 288,460 carloads for the week, down 4.4 percent compared with a year ago. However, the upswing in intermodal business — an ongoing trend this year — also continued last week, with U.S. railroads reporting a total of 274,424 containers and trailers, a 3.1 percent increase compared with 2014’s numbers.
Five of the 10 carload commodity groups posted increases for the week: miscellaneous carloads, up 14.2 percent to 9,117 carloads; farm products, up 8.4 percent to 16,854 carloads; and grain, up 1.5 percent to 21,587 carloads.
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