Subscribe to our free, weekly email newsletter!


AAR reports railroad traffic is up for week ending January 22

By Jeff Berman, Group News Editor
January 28, 2011

Railroad traffic for the week ending January 22 was up on an annual basis, according to data released by the Association of American Railroads (AAR).

Carload volume at 282,837 was up 1.5 percent compared to the corresponding week last year. This is nearly identical with the week ending January 15, which hit 282,987 carloads. And it is down slightly compared to the week ending January 8 at 285,108 carloads. The AAR said that carload volume was down 2 percent in the East and up 4 percent out West.

While volumes are up annually and at recent levels on a sequential basis, it appears the annual comparisons for railroad data will be less impressive than they were in 2010, considering 2010 comparisons were up against a difficult 2009.

Intermodal volumes for the week ending January 22 saw containers come in at 180,888 for a 6.8 percent gain, and trailers hit 32,318 for a 2.8 percent bump for a total of 213,206 trailers and containers for a cumulative 6.2 percent annual gain, which was nearly even with the week of January 15 at 213,486 trailers and containers.

Railroad shippers appear to be optimistic about their growth prospects for 2011, according to the results of a Dahlman Rose Rail Shippers Study.

The study indicated that rail shippers regained confidence during the second half of 2010 and expect their respective businesses to grow at an average rate of 7.7 percent over the next 12 months, which tops the previous of 9 percent for the first quarter of 2010 since the end of the recession, with 52 percent of shippers stating they are more confident in the direction of the economy than three-to-four months ago.

Of the 20 commodity groups the AAR tracks, 11 saw annual growth, with metallic ores up 48.1 percent and metals and products up 20.6 percent.

Estimated ton-miles for the week ending January 22 were 31.9 billion for a 2.6 percent annual increase, and for the first three weeks of 2011 the 95.4 billion ton-miles recorded are up 10.6 percent.

For more stories on railroad shipping, 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

UPS today announced diluted earnings per share of $1.32 for the third quarter 2014, a 13.8% improvement over the prior year period. Operating profit increased 8.3%, resulting from balanced growth across all three segments.

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 4.4 percent from August 2013 to August 2014 at $100.6 billion.

As expected, global trade dipped from August to September but still saw annual gains, according to data issued this week by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

Transportation and logistics merger and acquisition (M&A) activity in the third quarter saw annual gains, which were driven by smaller deals in the trucking logistics, shipping, and passenger air sectors, according to data issued in the Intersections report by PwC this week.

With the holidays rapidly approaching, it appears retailers are not quite done getting inventory set up and on the shelves in time for what is expected to be a fairly active shopping season. That much was evident based on recent data for September volumes issued by the Port of Los Angeles (POLA) and the Port of Long Beach (POLB).

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