Rail News: Mar. 5th, 2024

Rail Capacity is Expected to Grow at the South Carolina Ports

South Carolina Ports is investing in rail capacity throughout their state to effectively and efficiently handle goods that will help continue to boost South Carolina’s economy.

“Growing rail capacity in the Port of Charleston will further enhance South Carolina’s competitiveness, ensuring our customers can swiftly move goods to market,” says Barbara Melvin, South Carolina Ports President and CEO.

Construction at the new Navy Base Intermodal Facility in North Charleston has been underway; the facility is expected to open in July 2025.

Additionally, Inland Port Greer – in Upstate South Carolina – has produced 8,000 feet of extra rail track, and the container yard expansion continues to be close to completion.

Weekly Rail Traffic for the Week Ending February 24th, 2024:

  • Total U.S. weekly rail traffic was 483,656 carloads and intermodal units – up 7.7 percent from the same period last year, per AAR data.
  • U.S. weekly intermodal volume was 259,405 containers and trailers – up 12.6 percent.
  • Chemicals, grain, and motor vehicles and parts all saw increases. While coal, non-metallic minerals, and forest products all saw decreases.
  • For the first eight weeks of this year, North American rail volume was 5,122,636 carloads and intermodal units – an increase of 0.7 percent from last year.

You can check out other rail news from previous weeks, here.

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