Subscribe to our free, weekly email newsletter!


AAR reports weekly volume gains, with intermodal posting best week ever

By Staff
June 27, 2014

Carload and intermodal volumes are still in growth mode, based on data released by the Association of American Railroads (AAR).

For the week ending June 21, carload volumes were up 0.9 percent annually at 291,142, which was below the week ending June 14 at 295,132 and June 7 at 292,924.

On the intermodal side, the AAR reported that weekly volumes set an all-time record for the second straight week at 272,553 containers and trailers for a 7.8 percent year-over-year boost. The week ending June 14 now stands as the runner-up for weekly volumes at 270,243.

Of the 10 carload commodities tracked by the AAR, eight were up for the week ending June 21. Grain was up 15 percent, and forest products were up 12.2 percent.

For the first 25 weeks of 2014, carloads are up 3.1 percent annually at 7,149,837 and intermodal is up 5.9 percent at 6,377,674 trailers and containers.

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

Shippers and other ocean cargo carrier stakeholders should be cheering the announcement made today by The U.S. Coast Guard, as it formally notified the International Maritime Organization through a Declaration of Equivalency that the United States position on SOLAS is that there are multiple methods to submit the combined cargo and container weight (Verified Gross Mass or VGM).

The proposed $4.8 billion acquisition of TNT Express N.V. by FedEx took a major step closer to becoming official today, with the company and TNT announcing today that they have received unconditional approval of the offer from the Ministry of Commerce People’s Republic of China (MOCFCOM).

March shipments at 798,180 trailed February by 12 percent and were down 19 percent annually. For the entire first quarter, shipments were relatively flat annually, rising 0.27 percent to 2,587,988.

OCEMA says it has placed a priority on working with other stakeholders to find operational solutions that will help U.S. exporters, carriers, and marine terminals prepare for the implementation of the SOLAS Verified Gross Mass (VGM) rule.

The first quarter is typically the slowest period of freight demand for LTL carriers. With a few notable exceptions, that was reflected in first quarter earnings reports of the major publicly held LTL carriers.

Article Topics

News · AAR · Railroad Shipping · carload · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA