This post first appeared on FloatingPath
Total U.S. weekly intermodal volume for the week ending December 21 was 255,456 units, the American Association of Railroads reports. That is a 6.4% increase from the same period last year.
The 10-week moving average of the year over year change in intermodal rail traffic is 7.7%.
Intermodal rail represents only finished goods, while carload rail contains mostly bulk commodities.
Corsair Capital, the event-driven long-short equity hedge fund, gained 6.6% net during the second quarter, bringing its year-to-date performance to 17.5%. Q2 2021 hedge fund letters, conferences and more According to a copy of the hedge fund's second-quarter letter to investors, a copy of which of ValueWalk has been able to review, the largest contributor Read More