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 PMI, the ISM’s index to measure growth, fell 1.4 percent to 51.5 (a PMI of 50 or greater represents growth), declining for the fifth straight month since reaching 57.9 in October 2014. And it is 4 percent below the 12-month average of 55.5. The March PMI is at its lowest level since May 2013’s 50.1.

How the food giants integrate supply chain operations is one of the most interesting components of the recently-announced merger between H.J. Heinz Co. and The Kraft Foods Group.

The new online offering is entitled “Vessels at a Glance” and is comprised of a daily update that shows all vessels at berth and anchor within POLB, as well as the Port of Los Angeles (POLA). It also includes information relating to vessel arrival and departure dates and length of stay in Long Beach, too, along with weekly updated charts that show the number of vessels at anchor at POLB and POLA that POLB officials said illustrate trends occurring over the last six months.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in January dropped 1.2 percent to $89.3 billion.

Download our new white paper, "The ABCs of HST: Understanding the Harmonized System of Tariffs," for insights and explanations of the complex cross-border classification codes.

Article Topics

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

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA