U.S. freight-rail traffic in August edged up 0.4 to 2,525,510 carloads, containers and trailers compared with volumes originated in August 2021, according to Association of American Railroads data. Carload volume rose 2.3 to 1,189,892 units, while inter-modal volume fell 1.2 to 1,335,618 containers and trailers. Traffic trends in August indicated the economy is on track to stimulate rail volume improvements, said AAR Senior Vice President John Gray in a press release. "To be sure, some traffic categories are doing better than others, just like some sectors of the economy are doing better than others," Gray said. "Through additional hiring and continued investments, railroads are preparing themselves for growth." In 2022's first eight months, U.S. freight-rail volume reached 8,090,712 carloads and intermodal traffic totaled 9,248,250 units, up 0.3 and down 5.1, respectively, on a year-over-year basis.
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