Subscribe to our free, weekly email newsletter!


AAR reports strong rail carload and intermodal volumes for week ending May 21

By Staff
May 27, 2011

Rail traffic was solid for the week ending May 21, according to data released by the Association of American Railroads (AAR).

Carload volume—at 295,148—was up 2.3 percent compared to the same timeframe last year and slightly ahead of the week ending May 14 at 294,271. 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 0.9 percent in the East and up 3.3 percent out West. Carloads on a year-to-date basis are at 5,822,505 for a 3.3 percent annual gain.

Intermodal volume—at 234,235 trailers and containers—was up 8.7 percent from last year. This was ahead of the week ending May 14 at 231,875. Intermodal volumes are being boosted in part by modal shifts by carriers looking for financial relief from increasing fuel prices.

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, 12 were up annually. Grain was up 12.9 percent, and metallic ores were up 11.5 percent. Primary forest products were down 10.1 percent.

Estimated ton-miles for the week were 32.8 billion for a 3.5 percent annual increase, and on a year-to-date basis, the 652.3 billion ton-miles recorded are up 4.3 percent.

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

Join Industry Expert Adrian Gonzalez for this educational webinar on the tenets and the benefits of Closed-Loop Operational Management. You’ll learn how Closed-Loop Operational Management optimizes orders, inventory, and transportation concurrently, and how it is able to optimize large-scale problems on a daily basis.

In a separate conference call following CP’s third quarter earnings release call yesterday, CP CEO Hunter Harrison make myriad convincing points for a merger between CP and CSX and offered up his take in general industry M&A as well.

Seasonally-adjusted (SA) for-hire truck tonnage in September checked in at 132.6 (2000=100) for the second straight month, remaining as the current all-time high level for the second month in a row, with November 2013’s 131.0 now the second best month recorded.

Ahead of its third quarter earnings call this Friday, freight transportation and logistics titan UPS rolled out rate increases for 2015 that are set to take effect on December 29, 2014.

The 'Internet of Things' or IoT is a term that has rapidly taken center stage in business and consumer technology circles, with tremendous amounts of hype in both. Don't be distracted if some of the hypothetical consumer examples of the IoT seem far-fetched; the trend has serious implications for businesses. This complimentary whitepaper takes a look at some of the opportunities afforded by the Internet of Business Things.

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