Subscribe to our free, weekly email newsletter!


AAR reports rail traffic is down for week ending July 9

By Staff
July 15, 2011

Rail traffic was down for the week ending July 2, according to data released by the Association of American Railroads (AAR).

Carload volume—at 245,574—was down 3.2 percent year-over-year and behind the week ending July 2, which hit 285,943 and the week ending June 25 at 284,562 and the week ending June 17 at 294,310. It was also behind the week ending April 2, which hit 305,905 carloads, marking the highest weekly carload tally since the end of 2008.

Carload volume was down 1.3 percent in the East and down 4.2 percent out West. Carloads on a year-to-date basis are at 7,784,801 for a 2.5 percent annual increase.

Intermodal checked in at 192,619 trailers and containers for a 0.2 percent decrease from last year. This is well below tallies from recent weeks, including 236,988 for the week ending July 2. The two highest weeks of the year were the weeks ending June 17 and June 10 reaching 237,682 and 237,422, respectively, intermodal hit 234,775 for the week ending June 25.

Intermodal volumes on a year-to-date basis at 6,048,752 are up 7.5 percent compared to 2010.

Of the 20 commodity groups tracked by the AAR, 13 were up annually. Iron and steel scrap was up 32.5 percent, and coal was down 10.5 percent.

Estimated ton-miles for the week were 28.3 billion for a 2.4 percent annual increase, and
on a year-to-date basis, the 870.6 billion ton-miles recorded were up 3.6 percent.

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

While the holiday season is known to bring good tidings and cheer to all, it may also come with another thing that is not so pleasant: higher rate freights. That was the thesis of a commentary written by Mark Montague, industry pricing analyst and chief market-watcher for DAT, a Portland, Ore.-based subsidiary of TransCore.

Earlier this week, FedEx said it is expanding its International First service for early deliveries with the addition of 31 new origin countries, which will bring the total number of origin markets for the service to 97.

Monday, December 22 is pegged as UPS's peak delivery day, as the company expects to deliver more than 34 million packages that day, adding that it expects to see six days in December top last year’s peak shipment day delivery record of 31 million packages.

The time has come again for less-than-truckload (LTL) general rate increases (GRI), with various carriers recently announced their respective rate hikes in recent days.

Key market metrics in the form of capacity and rates appear to be continuing to work against shippers, according to the most recent edition of the Shippers Condition Index (SCI) from freight transportation forecasting firm FTR.

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