Intermodal weaker amid flat rail carloads

News Snapshot:

Total U.S. weekly rail traffic was flat for the latest week amid summer doldrums and weaker intermodal likely hit by falling demand on the trans-Pacific trade. Volume was 487,328 carloads and intermodal units, up 0.4% compared with the same week a year ago, according to data from the Association of American Railroads. Total freight for the week ending June 21 was 229,655 carloads, up 4.5% compared with the same week in 2024, while intermodal volume was 257,673 containers and trailers, down 2.9%. (Chart: AAR) Falling container rates on the eastbound trans-Pacific reflect softening China-U.S. demand, analysts said, which likely could...