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

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.

At last week’s NASSTRAC Conference in Orlando, Fla., LM Group News Editor Jeff Berman caught up with Jack Holmes, president of UPS Freight, the less-than-truckload subsidiary of UPS. On June 30, Holmes will retire from UPS after a 37-year career with Big Brown that saw him rise from the overnight docks in Philadelphia to the executive suite in Richmond, Va.

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