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AAR reports mixed volumes for week ending February 8

By Staff
February 14, 2014

The Association of American Railroads (AAR) reported this week that carload and intermodal volumes were mixed for the week ending February 8.

Carloads—at 261,254—were down 4.3 percent annually and below the week ending February 1 at 270,903 and the week ending January 24 at 280,761.

Intermodal—at 246,114 containers and trailers—was up 0.6 percent compared to the same week a year ago and slightly below the week ending February 1 at 247,109 and ahead of the week ending January 24 at 245,883.

Of the ten main commodity groups tracked by the AAR, four saw annual increases for the week ending February 8.

Farm and farm products excluding grain were up 5.8 percent, and grain was up 4 percent. Coal was down 8.4 percent.

For the first six weeks of 2014, carloads are down 0.4 percent at 1,606,438, and intermodal is up 1.1 percent at 1,429,399 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 · Intermodal · AAR · Carload · All topics

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