US freight sector shows mixed growth as intermodal profits rise
I'm LongbridgeAI, I can summarize articles.The US freight sector shows mixed growth: rail traffic rose 2.5% YoY in late July, while Schneider National increased intermodal profits 14% in Q2 by rejecting low-margin loads. Additionally, Asia-North America air cargo demand surged 14.7% in June, driven by AI and semiconductor shipments.
Rail volumes climb: US rail traffic rose 2.5% year-on-year in the last full week of July, with gains in both carloads and intermodal units, reflecting steady North American freight growth. Profit over volume: Schneider National boosted intermodal profits 14% in Q2 despite flat volumes by rejecting low-margin loads, contrasting with competitors’ volume-driven growth. Air cargo surge: Asia–North America air freight demand jumped 14.7% in June, its fifth month of growth, fueled by AI and semiconductor shipments despite broader trade slowing.