US rail traffic in July 2024 exhibited mixed trends, with carload shipments decreasing slightly while intermodal traffic rose significantly. Overall, combined rail traffic experienced a modest increase. The week ending August 3rd saw a notable surge in overall rail traffic, driven primarily by strong growth in intermodal shipments.
According to data from the Association of American Railroads, North American rail traffic saw a slight increase in the week ending May 11, 2024. Total US weekly rail traffic rose by 0.6%, while North American rail volume increased by 2.3%. The positive performance was primarily driven by gains in intermodal volume, which offset declines in carload traffic.
