(Source: Railway Age, June 7, 2023)
Both May 2023 and the week ending June 3, 2023 saw U.S. carloads rise and intermodal volume drop compared with the prior-year periods, according to AAR. January 2023 and April 2023 results were similar, while February 2023 and March 2023 saw both carloads and intermodal volumes decline. U.S. railroads originated 1,129,255 carloads in May 2023, up 0.8%, or 8,840 carloads, from the same month last year. They also originated 1,190,553 containers and trailers, down 11.1%, or 148,780 units, from 2022. Combined U.S. carload and intermodal originations in May 2023 were 2,319,808, down 5.7%, or 139,940 carloads and intermodal units, from May 2022.
Full story: Railway Age