Subscribe to our free, weekly email newsletter!


AAR reports carload and intermodal volumes are mixed for week ending March 8

By Staff
March 14, 2014

The Association of American Railroads (AAR) reported this week that carload and intermodal volumes were mixed for the week ending March 8.

Carloads—at 274,480—were down 1 percent annually and below the week ending March 1 at 287,294 and the week ending February 22 at 281,678.

Intermodal was up 3.7 percent compared to the same week last year at 244,015 containers and trailers and trailed the week ending March 1 at 257,710 and the week ending February 22 at 253,358.

Of the ten main commodity groups tracked by the AAR, five saw annual increases for the week ending March 8. Petroleum and petroleum products were up 11.3 percent and motor vehicles and parts were down 6.7 percent.

The AAR said that for the fourth quarter of 2013 Class I railroads moved 108,590 carloads of crude oil, with all of 2013 representing 407,642 crude oil carloads, representing a 74 percent increase compared to 2012. AAR officials said crude oil movements equate to 1.4 percent of all Class I volumes in 2013.

For the first ten weeks of 2014, carloads are down 0.4 percent at 2,270,522, and intermodal is up 1.4 percent at 2,421,107 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

In this webcast we'll explore how successful companies use strategies such as cross-client load consolidation, zone skipping, pooling, etc. to minimize freight cost. You’ll hear how transportation optimization is used to generate cost savings and where the ROI comes from.

Even with expected import cargo volume declines in the coming months, the Port Tracker report by the National Retail Federation (NRF) and maritime consultancy Hackett Associates expects volumes to be up for the first half of 2016.

USPS pointed to ongoing growth in its Shipping and Package Group, whose primary offerings are comprised of Priority Mail, Express Mail, Parcel Select and Parcel Return services, as the key driver for the quarterly revenue gains.

With a 2.3 cent decline to $2.008 per gallon, this week’s price stands as the lowest national average going back to the week of March 16, 2009, when it checked in at $2.017.

A recent Wall Street Journal report stated that third-party logistics and freight transportation services provider XPO Logistics shut down seven freight terminals that were part of the Con-way Inc. less-than-truckload (LTL) network, Con-way Freight. Con-way was acquired by XPO for $3 billion last year.

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