Subscribe to our free, weekly email newsletter!


AAR reports another week of gains for carload and intermodal volumes for week ending August 9

By Staff
August 15, 2014

The Association of American Railroads (AAR) reported this week that both carload and intermodal volumes each saw gains for the week ending August 9.

Carload volumes were up 4.5 percent at 301,755, which was below the week ending August 2 at 304,229, the week ending July 26 at 306,988 and ahead of the week ending July 19 at 299,256.

Intermodal volume for the week ending August 9 was up 3.2 percent at 266,153 containers and trailers, which was behind the week ending August 2 at 270,323 and ahead of the week ending July 26 at 264,809 and behind the week ending July 19 at 267,765.

Of the ten carload commodities tracked by the AAR, eight were up annually for the week ending August 9. Petroleum and petroleum products were up 32.1 percent, and grain was up 26.5 percent.

For the first 32 weeks of 2014, carloads are up 3.7 percent annually at 9,221,860 and intermodal is up 5.8 percent at 8,194,753 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 PMI, the ISM’s index to measure growth fell 0.8 percent to 52.7 (a PMI of 50 or greater represents growth). PMI growth has been at 50 or higher for 31 straight months (with the overall economy growing for 74 months), and the current PMI is 1.7 percent below the 12-month average of 54.4.

The current status of FedEx’ planned acquisition of Netherlands-based TNT-NV and a provider of mail and courier services and the fourth largest global parcel operator for $4.8 billion, which was initially announced in April, remains in flux, with continued actions being taken by the European Commission.

Panjiva said that the 1 percent sequential growth was in line with typically flat growth from May to June, as higher monthly growth typically takes hold in July and August in advance of the holiday season.

Hackett officials described this new offering as a short-term index that offers up “the sentiment for trade at a glance,” akin to other key economic metrics like the PMI and Consumer and Carrier confidence indices, while providing access to specifically see where a group of economic indicators are in relation to trade for the current month, too.

While many industry analysts contend that distribution centers near U.S. East Coast ports will see a surge of new business after the Panama Canal expansion, real estate experts say this phenomena is already underway.

Article Topics

News · AAR · carload · intermodal · 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