Subscribe to our free, weekly email newsletter!


AAR reports annual gains for carload and intermodal in January

By Staff
February 07, 2014

January carload and intermodal volumes posted annual gains, according to data released by the Association of American Railroads (AAR).

Carloads—at 1,345,184—were up 0.4 percent or 5,183 carloads annually. And intermodal—at 1,183,285 trailers and containers—was up 1.3 percent compared to January 2013. The weekly intermodal average of 236,657 units set a record for the highest weekly intermodal average for any January on record, according to the AAR.

“Railroads are very good at operating their 140,000 mile long, outdoor ‘factory floor’ in all kinds of difficult weather.  That said, in many parts of the country, January took the term difficult weather to new lows, as in low temperatures, for recent years,” said AAR Senior Vice President John T. Gray in a statement. “We can’t quantify it precisely, but the extreme cold probably held down rail traffic to some extent – for example, by making it more difficult for rail customers to produce their products and to load what they did produce into rail cars.”

Of the 20 commodity categories tracked by the AAR, 7 were up year-over-year. Grain headed up 13.2 percent or 12,141 carloads, and petroleum and petroleum products rose 10.4 percent or 6,777 carloads. The AAR also noted that crude oil loadings represent about half of all petroleum and petroleum products volumes.

Those commodities seeing declines included metallic ores down 23.5 percent or 7,389 carloads, and motor vehicles and parts off 6.1 percent or 4,158 carloads.

For the week ending February 1, carloads came in at 270,903, which was down 1.5 percent compared to the corresponding week a year ago, and intermodal was down 0.8 percent at 247,109 trailers and containers.

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

The Institute for Supply Management’s (ISM) August edition of the Manufacturing Report on Business saw its PMI, the ISM’s index to measure growth, fall 1.6 percent to 51.1, following a 0.8 percent decline to 52.7 in July. Even with the relatively slow growth over the last two months, the PI has been at 50 or higher for 31 consecutive months.

Hackett observed in the new report that China’s economy has lost steam, with actual growth falling short of targeted rates, while the United States most recent second quarter GDP reading at 3.7 percent outpaced expected targets, even though it was negatively impacted by gains in manufacturing and retail inventories.

The proposed merger of Cosco and CSCL could spark further container consolidation

The average price dropped 4.7 cents to $2.514 per gallon, which now stands at the lowest weekly average price for diesel since July 2009, when it was at $2.542 the week of July 27, 2009, according to EIA data.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in June dropped 3.8 percent annually to $99.0 billion. This followed a 10.8 percent decline in May to $92.7 billion.

Article Topics

News · Intermodal · AAR · Carload · All topics

Comments

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


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA