Intermodal volume hauled by major U.S. railroads rose 4.2 percent year-over-year in the week ending March 10, while traffic dipped slightly on a week-to-week basis, according to the Association of American Railroads.
Intermodal traffic so far this year is up 2.3 percent compared to the same period a year ago. Carload traffic last week fell 4.8 percent year-over-year and dropped 1.6 percent from the week prior.
Carload traffic so far in 2012 is down 1.4 percent compared to the same period in 2011. The falloff is largely because of declines in grain and coal shipments. Grain traffic fell 7.3 percent year-over-year last week, while coal volume dipped 13. 1 percent.
A 14.8 percent year-over-year bump in motor vehicles and equipment traffic helped offset the drop in the industry’s major commodities. Shipments of petroleum products skyrocketed 39.9 percent in the same period.