Subscribe to our free, weekly email newsletter!


AAR reports mixed volume results for week ending June 25

By Jeff Berman, Group News Editor
July 01, 2011

Rail traffic was mixed for the week ending June 25, according to data released by the Association of American Railroads (AAR).

Carload volume—at 284,562—was down 0.2 percent annually and behind the weeks ending June 17 and June 10 which hit 294,310 and 290,181, respectively. It was ahead of the week ending June 3 at 273,584, and behind the week ending April 2, which hit 305,905 carloads, marking the highest weekly carload tally since the end of 2008.

Carload volume was down 3.2 percent in the East and up 1.9 percent out West. Carloads on a year-to-date basis are at 7,253,284 for a 2.8 percent annual increase.

Coming on the heels of the two highest weeks of the year, with the weeks ending June 17 and June 10 reaching 237,682 and 237,422, respectively, intermodal checked in at 234,775 for a 3.3 percent annual gain.

Intermodal volumes on a year-to-date basis at 5,619,145 are up 8 percent compared to 2010.

Intermodal continues to make strides on the domestic side due to fuel price pressure and its ability to provide service comparable to truckload at a more favorable rate, say shippers and analysts.

Of the 20 commodity groups tracked by the AAR, 12 were up annually. Grain was up 14.4 percent and coke was up 10.6 percent. Farm products, excluding grain, were down 19.5 percent.

Estimated ton-miles for the week were 31.4 billion for a 0.6 percent annual increase, and on a year-to-date basis, the 810.6 billion ton-miles recorded were up 3.9 percent.

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


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

Matson, Inc., a leading U.S. carrier in the Pacific, is moving quickly to fund improvements in its new Alaska operations following its May 29 acquisition of Horizon Lines' Alaska services.

Josh Green, CEO of Panjiva, an online search engine with detailed information on global suppliers and manufacturers, said despite the recent trends coming out of China, it is important to remember is that on a big picture level, its impact on the global economy is big and growing.

Diesel gasoline’s average price per gallon dropped for the ninth week in a row, according to data issued by the Department of Energy’s Energy Information Administration (EIA) this week.

Citing currency exchange rates and lower fuel surcharges, second quarter revenue for transportation and logistics titan UPS dropped 1.2 percent to $14.1 billion, the Atlanta-based company reported today. Even though revenue was slightly down, earnings per share saw a 12 percent annual gain at $1.35, which was above Wall Street estimates of $1.27.

Does your organization struggle with the integration of information between your internal systems, processes and partner portals? You're not alone! Kapow Software alongside EFT has surveyed over 200 organizations regarding the importance of information access, visibility and discusses some of the major goals for supply chain and logistics organizations.

Article Topics

News · Intermodal · Rail Freight · Logistics · 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