US rail figures: conventional traffic keeps growing, intermodal drops

US rail freight volumes delivered a split performance last month (June). Conventional wagonload traffic posted a fourth straight month of growth. However, intermodal (which in the US interpretation includes ‘piggyback’ road trucks on trains) slipped into negative territory for the first time in nearly two years. The figures, released by the Association of American Railroads (AAR), signal a freight market navigating uncertainty, even as parts of the domestic economy show signs of resilience.
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