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State of trucking * USA - Intermodal holding its own
Nashville,IN,USA -Fleet Owner, by Sean Kilcarr -Jun 5, 2009: -- Though intermodal freight volumes continue to fall, experts believe this blended truck-rail service is actually holding its own quite well amid the global economic downturn – especially in the U.S., where its prospects continue to brighten... "By far the greatest weakness for intermodal right now is on the international side – volumes there are down 20 to 25%," said Larry Gross, president of Gross Transportation Consulting and senior consultant with FTR Consulting Group, in a recent conference call with reporters... Overall freight traffic on U.S. railroad lines remains way down compared to last year. For the first 20 weeks of 2009, U.S. railroads reported cumulative volume of 5,295,843 carloads, down 19.3% from 2008, according to data tracked by the Association of American Railroads... Trailer and container shipments – intermodal's bread and butter – totaled 3,720,454 units, down 16.8%; and total volume of rail shipments topped some 562 billion ton-miles, down 18.2% from 2008...Labels: intermodal services
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