AAR reports carload and intermodal declines for week ending January 11
Carloads—at 256,849—were down 8.2 percent annually, and intermodal—at 235,987 trailers and containers—was down 6.7 percent.
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The Association of American Railroads (AAR) reported this week that carload and intermodal volumes were both down for the week ending January 11.
Carloads—at 256,849—were down 8.2 percent annually and topped the week ending January 4 at 246,846 and the week ending December 28 at 230,293
Intermodal—at 235,987 trailers and containers—was down 6.7 percent compared to the same week last year and was ahead of the weeks ending January 4 and December 28 at 186,878 and 172,396, respectively.
Of the ten main commodity groups tracked by the AAR, two saw annual increases for the week ending January 11.
Grain was up 10.1 percent or 20,367 carloads. Motor vehicles and parts were down 22.5 percent or 11,051 carloads
For the first two weeks of 2014, carloads are down 3.4 percent at 503,695, and intermodal is down 2.8 percent at 926,560 trailers and containers.
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Transportation of freight in containers was first recorded around 1780 to move coal along England’s Bridgewater Canal. However, "modern" intermodal rail service by a major U.S. railroad only dates back to 1936. Malcom McLean’s Sea-Land Service significantly advanced intermodalism, showing how freight could be loaded into a “container” and moved by two or more modes economically and conveniently. As with all new technologies, there were problems that slowed the growth, which influenced many potential customers to shy away from moving intermodal.
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