Subscribe to our free, weekly email newsletter!


AAR reports carload and intermodal gains for week ending July 12

By Staff
July 18, 2014

The Association of American Railroads (AAR) reported this week that both carload and intermodal volumes saw gains for the week ending July 12.

Carload volumes were up 4.8 percent at 290,607, which outpaced the week ending July 5 at 270,731 below the week ending June 28 at 298,457.

The AAR reported that weekly intermodal volume was up 3.2 percent at 256,256 containers and trailers, which topped the 227,097 units recorded the week of July 5 and was below June 28, which came in at 264,766. 

Of the ten carload commodities tracked by the AAR, nine were up annually for the week ending July 12. Motor vehicles and parts were up 64.7 percent, and petroleum and petroleum products were up 16.2 percent.

For the first 28 weeks of 2014, carloads are up 3.4 percent annually at 8,009,632 and intermodal is up 6 percent at 7,125,793 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

Shippers and other ocean cargo carrier stakeholders should be cheering the announcement made today by The U.S. Coast Guard, as it formally notified the International Maritime Organization through a Declaration of Equivalency that the United States position on SOLAS is that there are multiple methods to submit the combined cargo and container weight (Verified Gross Mass or VGM).

The proposed $4.8 billion acquisition of TNT Express N.V. by FedEx took a major step closer to becoming official today, with the company and TNT announcing today that they have received unconditional approval of the offer from the Ministry of Commerce People’s Republic of China (MOCFCOM).

March shipments at 798,180 trailed February by 12 percent and were down 19 percent annually. For the entire first quarter, shipments were relatively flat annually, rising 0.27 percent to 2,587,988.

OCEMA says it has placed a priority on working with other stakeholders to find operational solutions that will help U.S. exporters, carriers, and marine terminals prepare for the implementation of the SOLAS Verified Gross Mass (VGM) rule.

The first quarter is typically the slowest period of freight demand for LTL carriers. With a few notable exceptions, that was reflected in first quarter earnings reports of the major publicly held LTL carriers.

Article Topics

News · Intermodal · AAR · Carload · All topics

Comments

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


© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA