AAR reports latest rail, intermodal results

04/5/2013 | RailwayAge.com

Carload volume of U.S. railroads fell 1.9% during the last week of March year-on-year, and intermodal dropped 3.8%, according to the Association of American Railroads. "U.S. rail traffic continues to mirror the overall economy: not great, not terrible, anticipating a better future," said John Gray, AAR senior vice president. "Petroleum and petroleum products continue to lead traffic gains, while coal and grain have seen better days. Intermodal volume in March was up just 0.5% over last year, but it was still the highest-volume March in history and built on even stronger gains earlier in the quarter."

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