Intermodal shipments on U.S. railroads were up 5.6% in the first 16 weeks of this year, according to the Association of American Railroads. Intermodal shipments on U.S. railroads were up 5.6% in the first 16 weeks of this year, according to the Association of American Railroads. Photo: Bloomberg NewsFreight railroads are capitalizing on a historically tight trucking market as companies move more shipments from highways to rails. The trade group said intermodal volume is tracking to top records set last year, with growth accelerating in April. CSX Chief Executive James Foote said the company is focusing on converting truck volume only if it can do so profitably.

Source: Wall Street Journal April 30, 2018 14:48 UTC