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

The Nicaragua Canal will be three times the length of the Panama Canal, crossing the major Lago de Nicaragua, one of the largest freshwater reservoirs in the region.

FTR and Internet Truckstop said that this alliance will provide shippers and carriers with myriad benefits, including market analysis and specificity for contract and spot freight segments by region and trailer type.

Commerce reported that August retail sales at $444.4 billion were up 0.6 percent compared to July and up 5.0 percent compared to August 2013, and the NRF said that August retail sales, which exclude automobiles, gas stations, and restaurants, were up 0.5 percent compared to July and up 2.7 percent on an annual unadjusted basis.

Carload volumes were up 2.7 percent at 286,002, and intermodal volume was up 4.5 percent at 239,142 trailers and containers.

Non asset-based 3PL XPO Logistics said this week that three global blue chip institutions––PSP Investments, Singapore’s sovereign wealth fund called GIC, and the Ontario Teachers’ Pension Plan–– have invested a cumulative $700 million into XPO, which company officials said will be used to accelerate its growth strategy and allocated mainly for unspecified acquisitions.

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