Subscribe to our free, weekly email newsletter!


AAR reports carload and intermodal gains for week ending February 22

By Staff
February 28, 2014

Carload and intermodal traffic both saw gains for the week ending February 22 according to data released by the Association of American Railroads (AAR).

Carloads—at 281,678—were up 3.1 percent compared to the same week a year ago and ahead of the weeks ending February 15, February 8, and February 1, which were at 270,632, 261,254, and 270,903, respectively.

Intermodal was up 6.4 percent annually at 253,358 containers and trailers and, like carloads, was also ahead of the previous three weeks that came in at 236,625, 246,114, and 247,109, respectively.

Of the ten main commodity groups tracked by the AAR, six saw annual increases for the week ending February 22.

Grain was up 29.7 percent, and coal was off 3.9 percent.

For the first eight weeks of 2014, carloads are down 0.5 percent at 2,158,748, and intermodal is up 0.9 percent at 1,919382 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

U.S. Carloads were down 7.8 percent annually at 259,544, and intermodal volume was off 15.7 percent for the week ending February 21 at 213,617 containers and trailers.

The Department of Transportation’s Bureau of Transportation Logistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in December 2014 was up 5.4 percent annually at $95.8 billion. This marks the 11th straight month of annual increases, according to BTS officials.

While the volume decline was steep, there was numerous reasons behind it, including terminal congestion, protracted contract negotiations between the Pacific Maritime Association and the International Longshore and Warehouse Union, and other supply chain-related issues, according to POLA officials.

Truckload rates for the month of January, which measures truckload linehaul rates paid during the month, saw a 7.9 percent annual hike, and intermodal rates dropped 0.3 percent compared to January 2014, which the report pointed out marks the first annual intermodal pricing decline since December 2013.

Largely leveraging the net positive impact of lower fuel prices, the Shippers Conditions Index (SCI) from freight transportation consultancy FTR made major strides in December, the most recent month for which data is available.

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