Subscribe to our free, weekly email newsletter!


AAR reports annual carload and intermodal gains for April 2014

By Staff
May 09, 2014

Both carload and intermodal volumes headed up on an annual basis in April, according to data released by the Association of American Railroads (AAR) this week.

Carloads in April—at 1,481,586—were up 88,801 carloads or 6.4 percent annually. Of the 20 commodities tracked by the AAR, 14 were up compared to March 2013, with coal up 6.4 percent and grain up 27.6 percent. Metallic ores were down 27 percent, and food products were down 3 percent.

AAR officials said that excluding coal and grain April carloads were up 4.1 percent or 31,616 carloads, which marks the largest percentage gain in six months.

Intermodal volume in April—at 1,316,176 trailers and containers—was up 108,485 units or 9 percent compared to April 2013. The AAR said that April marks the 53rd straight annual monthly volume gain for intermodal volume, adding that the weekly average of 263,235 containers and trailers in April is the highest for any April in history and the second highest month ever based on AAR data.

“April was a good month for rail traffic, as carload and intermodal volume rebounded from disappointing winter months,” said AAR Senior Vice President John T. Gray in a statement.  “As is the case for a number of economic indicators that have shown recent improvement, the key question is how much of the rail traffic increase in April represents a catch-up from the winter and how much is a sign of stronger underlying growth. It’s probably some of both.”

For the week ending May 3, the AAR reported that U.S. carloads at 297,432 were up 4.8 percent annually, and intermodal was up 8.8 percent at 267,369 containers and trailers.

On a year-to-date basis for the first 18 weeks of 2014, the AAR reported carloads were up 2.4 percent at 5,084,325, and intermodal was up 5.3 percent at 4,519,175 containers and trailers.

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Flags of Convenience are a fact of life in the commercial maritime trade, but several European political action groups are worried that they will pose a threat to the Continent’s air cargo industry.

For May, which is the most recent month for which data is available, the SCI is -7.5, following April’s -7.5. FTR said this reading represents a still-tight capacity environment, as utilization rates hover between 98 percent and 99 percent.

With a 1.1 cent drop to $3.858 per gallon, this follows declines of 2.5 cents, 1.9 cents, and 0.7 cents over the previous three weeks, with the cumulative four-week decline at 6.2 cents.

Second quarter revenue for transportation and logistics titan UPS headed up 5.6 percent annually at $14.3 billion, while operating profit sank 57.1 percent to $747 million. Quarterly net income fell 57.6 percent to $454 million.

Panjiva, an online search engine with detailed information on global suppliers and manufacturers, recently said it is opening up the “vault,” so to speak. The vault in this case is making its copious amount of trade data accessible through an Application Programming Interface (API), which enables customers to extract Panjiva’s trade data into their own database.

Article Topics

News · Intermodal · AAR · Carload · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA