“We have just about gotten back to where we were in 2007 before the recession,” Edward Hamberger, chief executive of the Association of American Railroads, said in the article, referring to the railroad industry’s return to peak volumes. “The fastest-growing piece of the business is intermodal.”
iShares Transportation Average ETF
For more information on the transportation sector, visit our transportation category.
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own shares of IYT.