Intermodal Booms: Best 3 Months EVER for Rail Freight

AI Summary

North American rail intermodal traffic recorded its strongest three-month period on record, reaching an all-time high in October, according to the AAR outlook. The report describes broad-based freight growth and projects continued rail-volume strength despite inflation and higher interest rates.

North American rail traffic is on a roll! The latest AAR monthly outlook reveals the best three months for intermodal EVER, culminating in an all-time high in October. This broad-based strength, beyond just market share gains from trucks, signals a robust industrial economy. Despite inflation and rising interest rates, rail volumes are projected to continue […] The post Intermodal Booms: Best 3 Months EVER for Rail Freight appeared first on FreightWaves.