US Rail Freight Up But a Long Way From Matching The Past
The AAR reported weekly rail traffic set a record with U.S. railroads posting their highest numbers for 2010 in both rail carloads and intermodal volume for the week ending Aug. 28, 2010. U.S. railroads originating 302,358 carloads for the week, up 5.8 percent compared with the same week in 2009, but still down 11.3 percent from the same week in 2008. The Economy was quickly disintegrating at this time in 2008 so the comparisons are even weaker than the current volumes indicate. Intermodal traffic totaled 237,194 trailers and containers, up 17.1 percent from the same week in 2009, but down 1.2 percent compared with 2008.