Subscribe to our free, weekly email newsletter!


AAR reports mixed volumes for week ending May 25

By Staff
May 31, 2013

Carload and intermodal volumes were mixed for the week ending May 25, according to data released by the Association of American Railroads (AAR).

Carload volume—at 281,727—was down 3.3 percent annually and below the week ending May 18 at 285,679 and ahead of the week ending May 11 at 280,986.

Intermodal—at 248,210 trailers and containers—was up 1.4 percent compared to last year, below the week ending May 18 at 250,129 and the week ending May 11 at 284,266.

Total weekly traffic for carloads and intermodal units—at 529,937—was down 1.1 percent annually.

Of the ten main commodity groups tracked by the AAR, five saw annual increases. Petroleum and petroleum products were up 28.7 percent. Grain was down 21.8 percent.

The AAR also reported that for the first quarter of this year, U.S.-based Class I railroads originated 97,135 carloads of crude oil, which is a 20 percent increase from the 81,122 from the fourth quarter of 2012 and 166 percent better than the 36,544 recorded during the first quarter of 2012.

On a year-to-date basis, carloads are down 1.8 percent at 5,811,904 and intermodal is up 4.1 percent at 5,039,245 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

With congestion issues and seaport gridlocks plaguing the transportation industry, air freight volumes are back on the rise. According to JLL’s annual Airport Outlook Report, global air cargo saw a 4.5 percent annual increase in 2014 and the forecast calls for 5 percent growth in 2015.

With a 3.1 cent increase, this week’s average price is $2.811, following last week’s 0.26 cent boost. The gains over the last two weeks come on the heels of a cumulative 16.3 cent decrease over the previous five weeks.

Transportation and logistics bellwether UPS began 2015 in solid fashion with first quarter revenue up 1.4 percent at $14.0 billion and operating profit up 11 percent at $1.7 billion. Earnings per share were up 14 percent at $1.12, which exceeded Wall Street expectations of $1.09, while revenue was shy of the Street’s $14.27 billion estimate.

Last week, the United States Department of Transportation took further steps to address various issues identified in recent train accidents involving crude oil and ethanol shipped by rail. The announcement was made by DOT with other DOT agencies, including the Federal Railroad Administration (FRA) and the Pipeline and Hazardous Materials Safety Administration (PHMSA).

Logistics Management Group News Editor Jeff Berman had an opportunity to interview Derek Leathers, President and Chief Operating Officer of Werner Enterprises, at this month's NASSTRAC Shippers Conference and Transportation Expo in Orlando. They discussed various aspects of the truckload market, including prices, fuel, and regulations.

Article Topics

News · Intermodal · AAR · carload · All topics

Comments

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


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA