Subscribe to our free, weekly email newsletter!


AAR reports rail traffic is up for week ending July 2

By Staff
July 08, 2011

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

Carload volume—285,943—was up 0.3 percent year-over-year and ahead of the week ending June 25 at 284,562 and behind 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 up 5.7 percent in the East and down 3.1 percent out West. Carloads on a year-to-date basis are at 7,539,227 for a 2.7 percent annual increase.

Intermodal volumes remains in the same range as recent weeks at 236,988 trailers and containers for a 2.5 percent annual hike. The two highest weeks of the year were the weeks ending June 17 and June 10 reaching 237,682 and 237,422, respectively, intermodal checked in at 234,775 for the week ending June 25.

Intermodal volumes on a year-to-date basis at 5,856,133 are up 7.8 percent compared to 2010.

Intermodal continues to make strides on the domestic side due to fuel price pressure and its ability to provide service comparable to truckload at a more favorable rate, say shippers and analysts.

Of the 20 commodity groups tracked by the AAR, 15 were up annually. Farm products, excluding grain, were up 22.3 percent, and lumber and wood products were up 14.3 percent.

Estimated ton-miles for the week were 31.6 billion for a 1.0 percent annual increase, and on a year-to-date basis, the 842.3 billion ton-miles recorded were up 3.8 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

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 8.2 percent from September 2013 to September 2014 at $102.2 billion.

NS said that the D&H lines it plans to acquire connect with the NS network at Sunbury, Pa. and Binghamton, N.Y. and give NS single-line routes from Chicago and the southeast U.S. to Albany, N.Y., which is in close proximity to NS’ Mechanicville, N.Y.-based intermodal terminal.

This follows a 1.6 cent decrease last week, which was preceded by a 5.4 gain the week before and stands as the first increase going back to the week of June 23, when the weekly average headed up 3.7 cents to $3.919 per gallon.

BNSF said that its 2015 capital expenditures will be allocated towards various areas of its business, including maintenance and expansion of the railroad to meet the expected demand for freight rail service, with 2015 representing the third straight year BNSF has invested a record annual capital expenditures investment.

While the ongoing labor negotiations between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) ostensibly going from bad to worse, following the ILWU’s announcement late last week that it was halting negotiations from November 20 through November 30, a Congressional group last week penned a letter to PMA and ILWU leadership expressing concern over the state of the negotiations.

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