AAR reports railroad traffic is up for week ending January 22

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.

By ·

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, 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. Contact Jeff Berman

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!

Latest Whitepaper
Lead your organization through the driver shortage and over-the-road regulations.
Potential transportation disruptions are looming as increased over-the-road regulations are set to go into effect in 2017. Experts believe these regulations will further impact the already challenged driver pool as well as reduce driver productivity.
Download Today!
From the January 2017 Issue
Following LM tradition, we start off the New Year with our annual “Rate Outlook” cover story and subsequent Webcast
Moore on Pricing: The other TMS functional options
2017 Rate Outlook: Where are freight transportation rates headed?
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
2017 Rate Outlook: Where are freight transportation rates headed?
Join our panel of top oil and transportation analysts for an exclusive look at where rates are headed and the issues driving those rate increases over the coming year.
Register Today!
EDITORS' PICKS
2017 Rate Outlook: Will the pieces fall into place?
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as...
Logistics Management’s Top Logistics News Stories 2016
From mergers and acquisitions to regulation changes, Logistics Management has compiled the most...

Making the TMS Decision: Ariens Finds Just the Right Fit
The third time is the charm for this U.S. manufacturer on the hunt for a third-party logistics (3PL)...
Motor Carrier Regulations Update: Caught in a Trap
The fed is hitting truckers with a barrage of costly regulations in an era of scant profits....