Subscribe to our free, weekly email newsletter!


AAR reports Thanksgiving week volumes up over 2009

By Jeff Berman, Group News Editor
December 03, 2010

Railroad volumes for the week of Thanksgiving ending November 27 showed steady year-over-year improvements, according to data released by the Association of American Railroads (AAR).

Carload volume at 254,121 was up 3.2 percent compared to the same week a year ago, which also included Thanksgiving. And carloads were down compared to the two previous weeks, which included the weekend of November 20 and November 13, at 297,990 and 297,269, respectively.

Carload volume in the East was up 6.1 percent year-over-year. Out West, carloads were up 1.6 percent year-over-year.

Despite these annual improvements, current volumes are still below peak levels, and annual gains occurring in 2010 are against a 2009 which has been described as the worst year for railroad traffic since deregulation, according to industry analysts.

Intermodal volumes at 183,790 trailers and containers were up 10.8 percent year-over-year. The weeks ending November 20 and November 13 hit 235,999 and 232,888, respectively.

The high intermodal mark for 2010 to date is the week ending September 25 at 241,167. Container volume for the week ending November 27 at 155,374 was up 11.7 percent, and trailer volume at 28,416 was up 6.1 percent, according to AAR data.

Domestic intermodal volumes on the container side are continuing to outpace the overall economic recovery in conjunction with intermodal shipments gaining share over other modes of freight transportation, according to a recent report by the Intermodal Association of North America.

Of the 19 carload commodities tracked by the AAR, 15 were up year-over-year. Metallic ores were up 78.6 percent, coke was up 53.9 percent, and metals were up 26.6 percent.

Year-to-date, total U.S. carload volumes at 13,462,287 carloads are up 7.1 percent year-over-year. Trailers or containers at 10,248,236 are up 14.3 percent year-over-year.
Estimated ton-miles for the week ending November 27 came in at 29.0 billion for a 4.7 percent annual gain. Total volume year-to-date at 1,490.2 billion ton-miles was up 8.3 percent year-over-year.

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

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.

Panjiva said that the 1 percent sequential growth was in line with typically flat growth from May to June, as higher monthly growth typically takes hold in July and August in advance of the holiday season.

Hackett officials described this new offering as a short-term index that offers up “the sentiment for trade at a glance,” akin to other key economic metrics like the PMI and Consumer and Carrier confidence indices, while providing access to specifically see where a group of economic indicators are in relation to trade for the current month, too.

While many industry analysts contend that distribution centers near U.S. East Coast ports will see a surge of new business after the Panama Canal expansion, real estate experts say this phenomena is already underway.

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