Just chugging along here. Intermodal was up 3.2% on the week, bringing the 12-week moving average to 4.2%. That's the highest 12-week average in six months. If the economy is slowing at all, it's sure not showing up much in this data. Here's more from the Association of American Railroads:
The Association of American Railroads reported increased weekly rail traffic for the week ending Oct. 26, 2013, with total U.S. weekly carloads of 297,455 carloads, up 3.6% compared with the same week last year. Intermodal volume for the week totaled 261,231 units, up 3.2% compared with the same week last year, and up for the 17th straight week in a row. Total U.S. rail traffic for the week was 558,686 combined carloads and intermodal units, up 3.4% compared with the same week last year.
Eight of the 10 carload commodity groups posted increases compared with the same week in 2012, including grain, with 25,101 carloads, up 29.6%; and petroleum and petroleum products with 14,152 carloads, up 20.1%. Commodities showing a decrease compared with the same week last year included farm and food products, excluding grain, with 17,759 carloads, down 3.9%.
For the first 43 weeks of 2013, U.S. railroads reported cumulative volume of 12,091,749 carloads, down 0.8% from the same point last year, and 10,601,101 intermodal units, up 3.7% from last year. Total U.S. traffic for the first 43 weeks of 2013 was 22,692,850 carloads and intermodal units, up 1.3% from last year.