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 dark side of the “Amazon effect” and larger impact made by the explosive growth in e-commerce may soon be seen when organized labor prepares of a massive air cargo strike.

During this webcast our panelist offer logistics and supply chain professionals a “reality check” when it comes to our current state of understanding, adoption, and utilization of the technological tools that are available to improve our operations.

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 55.7 in April (a level of 50 or higher indicates growth), which was up 1.2 percent compared to March, with economic activity in the non-manufacturing sector growing for the 75th consecutive month.

Total gross first quarter revenue for XPO was up 404.4 percent annually to $3.5 billion, with net revenue up 510.5 percent to $1.6 billion. While gross and net revenue were up, the company reported a net loss of $23.2 million, or $0.21 per diluted share and an adjusted net loss attributable to common shareholders of $9.3 million or $0.08 per share.

Regardless of capacity, pricing, or the economy, trucking industry regulations are never far from the freight transportation limelight. That is especially evident when it comes to the federally mandated hours-of-service (HOS) regulations. As usual, the current state of HOS remains somewhat fluid. And the reason for that has to do with legislation coming from the Senate Transportation Appropriations legislation that is currently being considered by the Senate.

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