
Intermodal: ‘On the Decline in 2023’
“Roughly half of U.S. intermodal shipments are related to international trade, so what happens at ports is extremely important to railroads,” said John T. Gray, Senior Vice President of the Association of American Railroads (AAR), which on June 7 released a report on U.S. rail traffic for May 2023 and for the week ending June 3, 2023. “U.S. port volumes, especially on the West Coast, have already been trending down for months and are a major reason why rail intermodal volumes have been on the decline in 2023.”