U.S. Intermodal Sets Monthly Record in October; This Is the Rails' Secular Volume Growth Driver
U.S. Class I railroads together hauled more intermodal containers in October than during any previous month in history. Monthly containers and trailers improved 6.4% year over year and 3.7% year to date. Broad North American rails increased intermodal units 8.5% year over year during the past four weeks and 5.1% year to date. Both international and domestic were strong, up a respective 8.2% and 3.8%, per the Intermodal Association of North America. We believe intermodal is the main source of sec...Kansas City Southern is a transportation holding company with domestic and international rail operations in North America. The company's subsidiary, The Kansas City Southern Railway Company, is a United States Class I railroad that serves a several region in the midwest and southeast regions of United States and has north/south rail route between Kansas City, MO and several main ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas. The company's subsidiary, Kansas City Southern de Mexico, S.A. de C.V. operates a main commercial corridor of the Mexican railroad system and has as its main route a direct rail passageway between Mexico City and Laredo, TX.
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