Rail Freight Boom: US Intermodal Volume Up, But Speeds Crash [Shocking Data]

The US is experiencing a booming increase in intermodal rail freight, with a solid 10% rise in volume last week. This surge, however, has led to notable slowdowns, with some railroads seeing train speeds at 10-20 month lows. This slowdown is in stark contrast to declining Canadian intermodal volumes, highlighting a disparity in North American rail performance. The implications could affect supply chain efficiency and costs, potentially prompting railroads to adjust operations to manage the growing volume and maintain service speeds.