The U.S. rail industry has seen improved traffic due to the recent surge in marine shipping activity. Panjiva’s analysis of weekly Surface Transportation Board data shows handling of container and trailer cars climbed by 9.4% and 20.5% respectively in the four weeks to Nov. 11 compared to a year earlier. The expansion in containers was led by Canadian Pacific and Kansas City Southern, which connects to Mexico, with growth of 20.6% and 13.7% each. Data for grain handling shows the impact of the phase 1 trade deal with China, with carloads up by 24.6% year over year in the past four weeks....
Supply Chain Research
Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.