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

UPS today announced diluted earnings per share of $1.32 for the third quarter 2014, a 13.8% improvement over the prior year period. Operating profit increased 8.3%, resulting from balanced growth across all three segments.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 4.4 percent from August 2013 to August 2014 at $100.6 billion.

As expected, global trade dipped from August to September but still saw annual gains, according to data issued this week by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

Transportation and logistics merger and acquisition (M&A) activity in the third quarter saw annual gains, which were driven by smaller deals in the trucking logistics, shipping, and passenger air sectors, according to data issued in the Intersections report by PwC this week.

With the holidays rapidly approaching, it appears retailers are not quite done getting inventory set up and on the shelves in time for what is expected to be a fairly active shopping season. That much was evident based on recent data for September volumes issued by the Port of Los Angeles (POLA) and the Port of Long Beach (POLB).

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