Intermodal volume for major U.S. railroads fell 9.3 percent year-over-year in the week ending Jan. 7 but rose 17.9 percent from the prior week, a sign retailers haven’t wrapped up post-holiday restocking.
Trailer traffic fell 14.3 percent year-over-year period, while intermodal container shipments dropped 8.4 percent, according to the Association of American Railroads.
Figures on carload traffic also suggest manufacturers are replenishing their stockpiles.
Carload traffic for the Class I railroads fell 3.7 percent year-over-year but shipments rose 11.9 percent from the week prior. Railroads saw double-digit decreases of grain and chemical shipments in the first week ending in 2012 compared to the same period a year ago. Coal shipment dipped 0.7 percent in the same period.