Rail freight gains ride steelmaking, energy sectors

Rail traffic on U. S. carriers totaled 543,212 carloads and intermodal units, up 4. 1% from the same week a year ago, according to the Association of American Railroads. For the week ending August 29, commodity freight came to 240,021 carloads, better by 2. 2%, while intermodal volume was 303,191 containers and trailers, ahead 5. 7% y/y.

Seven of 10 carload commodity group shipments tracked by AAR increased from the same week in 2025. They were led by metallic ores and metals typically used in steelmaking, 11%; petroleum and related products, 8. 4%; and grain, 8. 3%.

Watch Bill Stephens of Trains and Stuart Chirls of FreightWaves analyze the rail and intermodal markets, exclusively on the latest FreightWaves / TrainsPRO Monthly Rail Report. Decreases were seen in chemicals, 3. 8%, and motor vehicles and parts, 6%.

Analysts have speculated that steel production for data center construction is likely boosting shipments of metallic ore, while uneven manufacturing output has produced off-and-on results in chemicals. Intermodal continues to benefit from the wide delta between truck and rail rates, now at around 34%, according to SONAR data.

A pause in rising truck rates appears to be over as tender acceptance rates are again climbing amid continued federal enforcement actions that have culled capacity. Coal volumes were up 1. 9% y/y, both on the seasonal runup to winter but also on increasing use by power generators amid greater demand and pro-coal support from the Trump administration.

(Chart: AAR) For the first 34 weeks of 2026, U. S. railroads reported cumulative volume of 7,751,931 carloads, up 2. 7%, and 9,605,177 intermodal units, up 3. 9%, y/y. Total combined traffic 17,357,108 carloads and intermodal units, a healthy 3. 3% gain from 2025. North American rail volume for the week on nine U. S.

, Canadian and Mexican railroads improved by 1. 7% to 346,191 carloads, and 395,417 intermodal units, up 6% y/y. Total combined traffic was 741,608 carloads and intermodal units, an increase of 3. 9%. North American volume for the first 34 weeks of 2026 was 23,812,940 carloads and intermodal units, ahead 3% on 2025.

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Read more: DOT unveils plan to turn highways, rail lines into multi‑use utility arteries Greenbrier tabs new CEO in leadership succession STB extends deadline for participation in UP-NS merger review Chemical shipments percolate in latest rail data Union Pacific, Norfolk Southern defend rail merger application as STB review advances The post Rail freight gains ride steelmaking, energy sectors appeared first on FreightWaves.