Subscribe to our free, weekly email newsletter!


AAR reports rail traffic is mixed for week ending July 16

By Staff
July 22, 2011

Rail traffic was mixed for the week ending July 16, according to data released by the Association of American Railroads (AAR).

Carload volume—at 281,387—was down 0.3 percent annually and ahead of the week ending July 9 at 245,574, and behind the week ending July 2, which hit 285,943. 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 0.1 percent in the East and down 0.5 percent out West. Carloads on a year-to-date basis are at 8,066,188 for a 2.4 percent annual increase.

Intermodal totaled 230,324 trailers and containers for a 1.2 percent gain from last year. This topped the week ending July 9 at 192,619 and was below 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 6,279,076 are up 7.2 percent compared to 2010.

Of the 20 commodity groups tracked by the AAR, 14 were up annually. Iron and steel scrap was up 34.8 percent, and metals and products were up 18.7 percent.

Estimated ton-miles for the week were 32.5 billion for a 1.2 percent annual increase, and
on a year-to-date basis, the 903.1 billion ton-miles recorded were up 3.5 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

As was the case for the second quarter, third quarter earnings results for publicly-traded less-than-truckload (LTL) carriers are again strong. Signs of solid earnings results from carriers that have posted earnings to date include tonnage increases, gains in weight per shipment and average daily shipments, higher yield, and revenue per hundredweight.

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.

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