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Total intermodal freight volume rose 5.1% in the third quarter of the year compared to the same time in 2013, while domestic U.S. and international volumes individually reported gains in of 5.5% and 4.7%, respectively.
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The unemployment rate in the U.S. fell again in October, dropping to its lowest level since July 2008, according to the U.S. Labor Department. In the same period, for-hire trucking added 3,900 jobs.
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According to the Association of American Railroads, it totaled 1,381,749 containers and trailers, up 4.9%, or 64,071 units, over October 2013.
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Activity in the U.S. non-manufacturing sector continued growing in October, but not as fast as the month before.
Read More →The U.S. job market continues improving with a new report showing private sector employment increased by 230,000 jobs from September to October, the biggest gain since June.
Read More →Economic activity in the manufacturing sector expanded in October for the 17th consecutive month, its highest level since March 2011, according to nation’s supply executives.
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The week ending Oct. 25, rail intermodal traffic was up 6.7% compared with the same week last year -- higher growth than that of rail traffic overall.
Read More →Consumer spending in the U.S. declined in September for the first time in eight months, according to the U.S. Commerce Department.
Read More →One of the broadest measures of the health of the American economy shows it expanded at an annual rate of 3.5% in the third quarter of the year.
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An advance report shows shipments of durable goods increased just slightly last month while new orders fell for the second straight month.
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