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

U.S. companies made only marginal improvements in their ability to collect from customers and pay suppliers in 2013, while showing no improvement in how well they managed inventory, according to the 16th annual working capital survey from REL a division of the Hackett Group, Inc.

Study suggests solutions for filling the talent gap, including the development of robust ties with the education system.

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 5.4 percent from May 2013 to May 2014 at $103.9 billion.

With an eye on making transportation of crude oil by rail (CBR) and ethanol safer following various tragic accidents over the last year, the United States Department of Transportation yesterday released details regarding its rulemaking proposal designed to improve how large quantities of flammable materials by rail can be moved in a safer manner.

Getting items ordered online to your home on a same-day basis is as important or relevant as it needs to be, and it depends on things like the type of products being ordered and its relative urgency as well. This was put into better perspective for me during a recent conversation I had with Dr. Victor Allis, CEO of Quintiq, a supply chain vendor specializing in a single optimization and planning platform.

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