U.S. freight carloads down (again); intermodal gains
U.S. freight carload volume for the week ending June 9, 2012, once again failed to match the comparable week in 2011, down 1.7%, the Association of American Railroads reported Thursday. The shortfall, however, was less severe than in the previous week, when freight carload volume was down 3.1% compared with a year ago. U.S. intermodal continued to offer a contrast, up 3.8% compared with the same week last year.