Subscribe to our free, weekly email newsletter!


AAR reports rail volumes are up for week ending January 1

By Jeff Berman, Group News Editor
January 07, 2011

Railroad traffic continued its steady gains for the post-holiday week ending January 1 on an annual basis, according to data released by the Association of American Railroads (AAR).

Carload volume at 240,073 was up 5.6 percent year-over-year but down compared to the week ending December 25 at 256,098 and the week ending December 18 at 271,709. The AAR said that carload volume in the East was up 2.5 percent year-over-year. Out West, carloads were up 7.4 percent year-over-year.

Intermodal for the week ending January 1 saw 166,894 trailers and containers for an 11.9 percent increase over 2009, with containers—at 141,646—up 10.9 percent and trailers—at 25,248—up 18.1 percent.

And for all of 2010, the AAR reported that total originated carloads checked in at 14,820,128 for a 7.3 percent annual gain and a 10 percent decline from 2008. On the intermodal side, total 2010 traffic at 11,282,336 trailers and containers was up 14.2 percent over 2009 and down 1.9 percent compared to 2008.

“Rail traffic growth in 2010 is clearly a positive development, and reflects a growing economy as well as solid, dependable service on the part of the railroads,” said AAR Senior Vice President John T. Gray in a statement.  “However, this growth is certainly slower than any of us would like, and rail traffic still has a long way to go to full recovery.”

Some industry analysts described fourth quarter rail traffic improvements as showing less growth than the third quarter on an annual basis, with a driver for this being favorable volumes of heavier carload freight and a more moderate decline in intermodal volume in the fourth quarter than what is typical seasonally, according to Stifel Nicolaus analyst John Larkin.

Of the 19 carload commodities the AAR tracks, 16 were up during the last week of 2010. Some of the biggest gainers were metallic ores at 111.7 percent, lumber and wood products at 35.7 percent, and farm products, excluding grain, up 32.3 percent.

Estimated ton-miles for the week ending January 1 came in at 27.3 billion for a 6.6 percent annual gain. Total volume for all of 2010 at 1,644.8 billion ton-miles was up 8.5 percent year-over-year.

For more related articles on railroad news, click here.

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


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 long-simmering court battle over whether FedEx Ground’s workers are independent contractors or employees appears headed to the appellate courts—and maybe the U.S. Supreme Court.

Carload volume headed up 4.3 percent to 298,376, and intermodal units, at 273,376 containers and trailers were up 4.8 percent annually.

In light on various service-related freight railroad service issues, the Department of Transportation’s Surface Transportation Board (STB) recently announced it is now requiring Class I railroads to publicly file weekly data reports on service performance. These weekly reports are slated to begin on October 22.

According to its data, spot market volume for the month of September was up 32 percent on an annual basis and set a new record for the 14th straight month, with gains for each of the three equipment categories it tracks, including load availability for: dry vans up 42 percent; refrigerated (reefer) up 24 percent; and flatbed volume up 46 percent.

FedEx Freight and Con-way Freight, two of the largest non-union LTL carriers in the nation, are battling organizing efforts by the Teamsters union in a closely watched unionization effort.

Article Topics

News · Railroad · Intermodal · AAR · Carload · All topics

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