10/12/2010 11:40:00 AM
Intermodal traffic rose 17.3% in September from a year ago, the Association of American Railroads said.
Intermodal traffic was 0.2% higher than two years earlier, AAR said Monday. Rail carloads were up 7.7% from a year ago but down 7.5% from September 2008.
â€œIntermodal traffic gains can be attributed to the upcoming holiday season and the number of railcars coming out of storage are not as significant as during the first few months of the year; all of which is evidence of a slow measured economic recovery,â€� AAR Senior Vice President John Gray said in a statement.
September is traditionally one of the highest-volume months of the year for intermodal as retailers begin to stock up for the holidays, the group said.
Â© 2010, Transport Topics Publishing Group. All rights reserved.
CSXâ€™s Third-Quarter Income Jumps 43% (10/13/2010 11:30:00 AM)
N.J. Tunnels Raised to Allow Double-Stacked Containers (10/12/2010 12:00:00 PM)
September Intermodal Traffic Rises 17.3% (10/12/2010 11:40:00 AM)
Intermodal Traffic Rises for Week (10/8/2010 8:15:00 AM)
New Trailer Orders Soar 55% as Freight Grows, ACT Says (10/4/2010 9:00:00 AM)
Barge Line Raising Funds to Expand Mexico Service (10/4/2010 4:00:00 AM)
OTHER NEWS BRIEFS