U.S. intermodal rail volumes remain strong, running about 300,000 units per week in early October, up 12.6% year over year, with a sharp demand increase in late October. Union Pacific is prioritizing contract customers and has limited capacity out of California, Texas, Salt Lake City and Chicago as trucking costs rise.
Rising over-the-road costs are pushing freight onto rail, tightening intermodal capacity and raising rates on key lanes. This raises transport costs for feed ingredients moved by rail in the US, though it is a routine freight update rather than a commodity supply shock.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.