Subscribe to our free, weekly email newsletter!


Railroad shipping: AAR reports steady carload and intermodal gains for week ending May 14

By Jeff Berman, Group News Editor
May 20, 2011

After a few weeks of mixed results, rail traffic saw steady gains for the week ending May 14, according to data released by the Association of American Railroads (AAR).

Carload volume—at 294,271—was up 1.6 percent annually and ahead of the week ending May 7 at 281,860. It was slightly below the week ending April 30, which hit 295,327 and ahead of the week ending April 23 at 292,706. It was also behind the week ending April 2, which hit 305,905 carloads, marking the highest weekly carload tally since the end of 2008.

Carload volume was up 1 percent in the East and up 2.1 percent out West. Carloads on a year-to-date basis are at 5,527,357 for a 3.3 percent annual gain.

Intermodal volume—at 231,875 trailers and containers—were up 6.1 percent compared to last year, continuing steady gains being helped, in part, by modal shifts by carriers looking for financial relief from increasing fuel prices. This was behind the week ending May 7 at 232,178 and ahead of the week ending April 30 at 229.

As LM has reported, truckload carriers and shippers are moving more freight via intermodal, even though it typically adds at least a day or two to transit times.

Of the 20 commodity groups tracked by the AAR, ten were up annually. Metallic ores were up 17.5 percent, and grain was up 14.2 percent. Primary forest products were down 13.6 percent, and farm products, excluding grain, were down 13 percent.

Estimated ton-miles for the week were 32.6 billion for a 0.8 percent annual increase, and on a year-to-date basis, the 619.5 billion ton-miles recorded are up 26.8 percent.

A research note by Dahlman Rose analyst Jason Seidl noted that the railroad industry is benefiting from an “ongoing economic recovery, intermodal growth, rising fuel prices, aggressive capital investments, and well-capitalized balance sheets.”

Click here for more stories on railroad shipping.

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

With an eye on capitalizing on future trade and commerce growth in South Asia, express delivery and logistics services provider DHL today rolled out its plans to build an $85 million EUR ($93 million USD) DHL Express South Asia Hub, which will be a 24-hour express hub facility within the Changi Airfreight Center at the Singapore Changi Airport.

While the Federal Railroad Administration (FRA) has long stated its goal of having Positive Train Control (PTC) technology installed on 40 percent of its network by December 31, 2015, railroad industry stakeholders have repeatedly stated that reaching that deadline would be a stretch. It now appears that the railroad sector has some members of Congress sharing the same line of thought with legislation rolled out this week that pledges to extend the PTC deadline to 2020.

West Coast port authorities may be overstating the obvious when they decry “business as usual.” But it’s refreshing to see them finally coming around.

Transportation stakeholders reliant on North Carolina’s major seaports are welcoming news this week, which outlines plans to enhance the intermodal and cold chain network in the region.

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 56.9 in February, which was 0.2 percent ahead of January and also 0.1 percent ahead of the 12-month average of 56.8. Economic activity in the non-manufacturing sector has grown for the last 61 months, according to ISM.

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