Subscribe to our free, weekly email newsletter!


AAR reports mixed volumes for February 2012

By Staff
March 09, 2012

The Association of American Railroads (AAR) reported that February carload and intermodal volumes were mixed.

February carloads—at 1,410,992—were down 1.9 percent annually. And intermodal—at 1,122,458 trailers and containers—was up 2.4 percent compared to February 2011. The AAR said that February’s weekly intermodal average of 224,492 units was the third highest ever in February for U.S. railroads.

“If you exclude carloads of coal and grain, which are down for reasons that have little to do with the state of the economy, rail traffic in February was encouraging,” said AAR Senior Vice President John T. Gray in a statement. “Intermodal traffic was up for the 27th straight month, while carloads of a wide range of commodities—lumber, chemicals, petroleum, paper, steel and more—saw increases in February. Time will tell, but we’re hopeful it’s a sign of broad-based improvement in economic conditions.” 

Of the 20 commodity categories tracked by the AAR, 14 were up in February. Motor vehicles and parts were up 22.1 percent, and petroleum and petroleum products were up 28.7 percent. Grain was down 7 percent and coal was off by 10.6 percent.

For the week ending March 3, the AAR said that carloads—at 283,312—were up 6.2 percent annually. Intermodal—at 227,256 trailers and containers—was up 6 percent.

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

While the economy has seen more than its fair share of ups and downs in recent years, 2014 is different in that it could be the best year from an economic output perspective in the last several years. That outlook was offered up by Rosalyn Wilson, senior business analyst at Parsons, and author of the Council of Supply Chain Management Professionals (CSCMP) Annual State of Logistics Report at last week’s CSCMP Annual Conference in San Antonio.

Matching last week, the average price per gallon of diesel gasoline dropped 2.3 cents, bringing the average price per gallon to $3.755 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).

A number of key topics impacting the freight transportation and logistics marketplace were front and center at a panel at the Council of Supply Chain Management Annual Conference in San Antonio last week.

The relationships between third-party logistics (3PL) service providers and shippers are seeing ongoing developments due in large part to the continuing emergence and sophistication of omni-channel retailing. That was one of the key findings of The 19th Annual Third-Party Logistics Study, which was released by consultancy Capgemini Group, Penn State University, and Korn/Ferry International, a global talent advisory firm.

Optimism in the form of increasing profits was a key takeaway in the Annual Survey of Third-Party Logistics (3PL) CEOs, released earlier this week at the Council of Supply Chain Management Professionals (CSCMP) Annual Conference in San Antonio.

Article Topics

News · Rail Freight · Intermodal · AAR · Carload · All topics

Comments

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


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA