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AAR reports gains for week ending June 14

By Staff
June 20, 2014

The Association of American Railroads (AAR) reported this week that both carload and intermodal volumes were up for the week ending June 14.

Carloads were up 2.2 percent at 295,132 and topped the week ending June 7 at 292,924 and the week ending May 31 at 289,633.

Intermodal volumes saw their single highest week ever at 270,243 containers and trailers and were up 6.3 percent annually. It outpaced the week ending June 7 at 269,823 and the week ending May 31 at 242,092.

Of the 10 carload commodities tracked by the AAR, nine were up for the week ending June 14. Grain was up 22.3 percent, and petroleum and petroleum products were up 13.2 percent.

For the first 24 weeks of 2014, carloads are up 3.2 percent annually at 6,858,695 and intermodal is up 5.8 percent at 6,103,121 trailers and containers.

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Carload volumes were up 2.8 percent at 304,276, and intermodal volume for the week ending August 16 was up 5.4 percent at 270,316 containers and trailers.

Even though this data can be viewed as “old” in the sense that there is not a whole lot new to report about the port labor talks, it does a good job of looking into the mindset of shippers as talks continue.

Company officials said this service will be provided without any type of additional cost for customer shipments traveling from Ohio, Michigan, and Indiana, with expedited services available to customers outside of this area.

FTR says both spot rates and contract rates are heading up in a full capacity environment and with the fall shipping season rapidly approaching, it explained conditions for shippers could further deteriorate.

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Article Topics

News · Rail Freight · AAR · intermodal · All topics

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