AAR reports gains in carload and intermodal volumes for week ending November 9
Carload volume—at 297,581—was up 4.9 percent annually, and intermodal—at 265,259 trailers and containers—was up 6.3 percent.
in the NewsUnlock the Value of Your Supply Chain Through Embedded Analytics Freightos report takes deep dive into the ‘digitization’ of freight forwarding Making the Case: A Modern-Day Transportation Management System The presence of Uber Freight and other players raises the stakes for truckload brokerage Increase Efficiency and Profits with Smarter Logistics Planning More News
Carload and intermodal volumes were up for the week ending November 9, according to data released by the Association of American Railroads (AAR).
Carload volume—at 297,581—was up 4.9 percent annually and ahead of the week ending November 2 at 292,298 and the week ending October 25 at 289,256.
Intermodal—at 265,259 trailers and containers—was up 6.3 percent year-over-year and ahead of the week ending November 2 at 264,264 and the week ending October 25 at 264,687. The AAR said weekly intermodal volumes have seen gains for 19 consecutive weeks.
Total weekly traffic for carloads and intermodal units—at 562,840—was up 5.6 percent annually.
Of the ten main commodity groups tracked by the AAR, eight saw annual increases. Petroleum and petroleum products were up 25.0 percent, and grain was up 21.3 percent. Coal was down 0.6 percent.
On a year-to-date basis, carloads are down 0.5 percent at 12,681,728 and intermodal is up 4.1 percent at 11,130,624 containers and trailers.
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!
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.
Click here to download
Transportation Trends and Best Practices: The Battle for the Last Mile 2017 Technology Roundtable: Are we closer to “Intelligent” Logistics? View More From this Issue