Subscribe to our free, weekly email newsletter!


AAR reports mixed volumes for week ending July 7

By Staff
July 13, 2012

Rail carload and intermodal volumes were both up for the week ending July 7, according to data from the Association of American Railroads (AAR).

Carload volume—at 243,156—was down 1 percent annually and behind the week ending June 30 at 278,634 and the week ending June 23 at 288,730. Eastern carloads were down 12.3 percent annually, and out west carloads were up 5.3 percent.

Intermodal volumes—at 203,362 trailers and containers—were up 5.6 percent compared to the same week last year and were behind the week ending and were slightly behind the week ending June 30 at 253,497 and the week ending June 23 at 246,128.

Of the 20 commodity groups tracked by the AAR, 7 were up annually. Petroleum products were up 54.8 percent, and motor vehicles and equipment were up 52.7 percent.

Carloads for the first 27 weeks of 2012—at 7,567,974—were down 2.8 percent compared to the first 27 weeks of 2011, and intermodal was up 3.4 percent at 6,253,092 trailers and containers.

Estimated ton-miles for the week ending July 7 were down 0.4 percent at 28.2 billion, and were down 2.0 percent on a year-to-date basis at 862.0 billion.

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

Now that the deal, which had to clear several regulatory hurdles in multiple countries, is official, FedEx executives were able to speak a little bit more freely, albeit being somewhat guarded in regards to certain integration specifics at the same time.

As the July 1st date for complete compliance looms, shippers are seeking help to cope with the mandatory changes instituted by the International Maritime Organization (IMO) to the Safety of Life at Sea Convention (SOLAS).

As of July 1, only containers with a verified gross mass will be cleared to be loaded onto a ship under the International Maritime Organization’s Safety of Life at Sea (SOLAS) Verified Gross Mass (VGM) amendment. Shippers hoping that the implementation of the ruling will be delayed or deferred are whistling in the dark, say industry analysts.

Amid the many worrisome economic indicators kicking around of late, something along the lines of good news came about this week in the form of United States new home sales data, issued by the United States Department of Commerce this week.

In March, the SCI came in at 0.4, which FTR described as “a near neutral reading” on the heels of four months of more favorable market trends for shippers.

Comments

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


© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA