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

Satish Jindel, president of Pittsburgh-based SJ Consulting, says that one way for LTL carriers to improve both their bottom lines and overall productivity is to get a better grasp on the cost of handling a shipment and the pricing they have for it.

Falling 5.5 cents to $2.668 per gallon, this follows last week’s 5.9 cent decline for the lowest weekly average price going back to the week of October 14, 2009, when it was at $2.60 per gallon.

With the latest round of Trans-Pacific Partnership (TPP) negotiations in Maui, Hawaii ending without a deal, U.S. supply managers may be adjusting to other global sourcing strategies.

The PMI, the ISM’s index to measure growth fell 0.8 percent to 52.7 (a PMI of 50 or greater represents growth). PMI growth has been at 50 or higher for 31 straight months (with the overall economy growing for 74 months), and the current PMI is 1.7 percent below the 12-month average of 54.4.

The current status of FedEx’ planned acquisition of Netherlands-based TNT-NV and a provider of mail and courier services and the fourth largest global parcel operator for $4.8 billion, which was initially announced in April, remains in flux, with continued actions being taken by the European Commission.

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