Subscribe to our free, weekly email newsletter!


AAR reports mixed volumes for week ending February 23


March 01, 2013

The Association of American Railroads (AAR) reported this week that carload and intermodal volumes were once again mixed for the week ending February 23. 

Carload volume—at 278,059—was down 1.2 percent annually and slightly below the week ending February 16 at 278,596 and the week ending February 9 at 273,369.

Intermodal volume—at 238,083 containers and trailers—was up 11 percent annually and below the weeks ending February 16 and February 9 at 251,078 and 244,679, respectively.

Total weekly traffic for carloads and intermodal units—at 516,142—was up 4.1 percent annually.

The AAR recently changed how it reports weekly commodity loadings. Its former process was comprised of 20 distinct commodity groups, which have now been grouped together.

The new commodity categories are: chemicals; coal; farm and food products, excluding grain (which includes farm products, excluding grain, grain mill products and food & kindred products); forest products; grain; metallic ores and metals (which also includes metallic ores, coke, metals & products, iron & steel scrap); motor vehicles and parts (which also includes motor vehicles and equipment); nonmetallic minerals and products (which also includes crushed stone, sand, and gravel; nonmetallic minerals; stone, clay & glass products); petroleum and petroleum products); and other (which includes waste and nonferrous scrap and all other carloads).

For the week ending February 23, four of the ten commodity groups showed gains, including petroleum products up 66.4 percent. Grain was down 17.3 percent.

On a year-to-date basis, carloads are down 4.6 percent at 2,169,628 and intermodal is up 7.3 percent at 1,902,470 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!

Recent Entries

Join Industry Expert Adrian Gonzalez for this educational webinar on the tenets and the benefits of Closed-Loop Operational Management. You’ll learn how Closed-Loop Operational Management optimizes orders, inventory, and transportation concurrently, and how it is able to optimize large-scale problems on a daily basis.

In a separate conference call following CP’s third quarter earnings release call yesterday, CP CEO Hunter Harrison make myriad convincing points for a merger between CP and CSX and offered up his take in general industry M&A as well.

Seasonally-adjusted (SA) for-hire truck tonnage in September checked in at 132.6 (2000=100) for the second straight month, remaining as the current all-time high level for the second month in a row, with November 2013’s 131.0 now the second best month recorded.

Ahead of its third quarter earnings call this Friday, freight transportation and logistics titan UPS rolled out rate increases for 2015 that are set to take effect on December 29, 2014.

The 'Internet of Things' or IoT is a term that has rapidly taken center stage in business and consumer technology circles, with tremendous amounts of hype in both. Don't be distracted if some of the hypothetical consumer examples of the IoT seem far-fetched; the trend has serious implications for businesses. This complimentary whitepaper takes a look at some of the opportunities afforded by the Internet of Business Things.

Article Topics

News · Rail Freight · AAR · 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