(Source: Trains Magazine, January 12, 2023)
Rail traffic is expected to have another tough year as intermodal, carload, and coal traffic will all struggle to show growth. North American rail traffic was down 1.9% overall last year, according to the Association of American Railroads. International and domestic intermodal aren’t likely to grow this year as imports are down, rail service hasn’t fully recovered from the impact of ongoing crew shortages, and rates are not competitive with trucks.
Full story: Trains Magazine