"Rail traffic showed more signs of positive economic growth this week as intermodal traffic rose 4.9% compared with the same week last year. Total traffic was up 3.1% and the 12 week moving average in intermodal rose to 3%. That’s the highest reading since May of this year. The AAR has some more details:
“The Association of American Railroads (AAR) reported increased weekly rail traffic for the week ending September 14, 2013 with total U.S. weekly carloads of 296,221 carloads, up 1.5 percent compared with the same week last year. Intermodal volume for the week totaled 265,873 units, up 4.9 percent compared with the same week last year. Total U.S. rail traffic for the week was 562,094 combined carloads and intermodal units, up 3.1 percent compared with the same week last year.
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| Chart via Orcam Research |
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