Fueled by upticks in intermodal and inland water shipments, the amount of freight carried domestically inched up 0.3 percent in July when compared to June’s result, according to the U.S. Bureau of Transportation Statistics.
The increase in July follows a 0.1-percent fall from May to June, which is only the second period of negative growth measured so far in 2013; April’s freight shipments fell 0.9 percent when compared to March.
July’s result is down 0.8 percent from the most recent high in December 2011 and represents a 20.5 percent increase from the most recent low mark in April 2009. July’s result increased 2.4 percent from the same period last year. – Jon Ross
U.S. domestic freight shipments up in July
