Subscribe to our free, weekly email newsletter!


January rail and intermodal volumes show slight gains, says AAR

By Staff
February 06, 2012

Carload and intermodal volumes both saw slight annual gains in January, according to the Association of American Railroads (AAR).

January carloads—at 1,144,800—were up 0.1 percent annually. Intermodal—at 877,637 trailers and containers—was up 1.7 percent compared to January 2011.

“Total rail carload traffic in January was flat compared with last year, due largely to sharp declines in coal and grain traffic,” said AAR Senior Vice President John T. Gray in a statement.  “However, a number of other commodity categories — including many that have historically been much more highly correlated with GDP growth than coal and grain—saw large increases in January.  That’s a sign that the underlying economy is probably stronger than you would think if you just looked at the rail traffic totals.” 

The weekly carload average for January was 286,200, and the weekly intermodal average was 219,409, which the AAR said marked the third-highest weekly intermodal average for the month.

Even with relatively slight annual increases, the AAR noted that “the bottom line is the fact that total U.S. carloads actually rose in January, even if just by a small amount, is a signal of the strength of other key commodity categories.”

Of the 20 commodity categories tracked by the AAR, 11 were up in January. Motor vehicles and parts were up 18.3 percent, and metallic ores were up 29.3 percent. Grain was down 15.4 percent and coal was off by 2.4 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

February manufacturing data issued today by the Institute for Supply Management (ISM) dipped slightly compared to January, according to the most recent edition of the organization’s Manufacturing Report on Business.

As U.S. West Coast ports begin to address their critical congestion issues, an innovative approach is being launched at San Pedro Bay.

The ongoing financial travails of the Highway Trust Fund was made clear in a position paper recently issued by Jeff Davis, senior fellow at the Eno Center for Transportation. In the paper–entitled “Why Not A Ten-Year Surface Transportation Bill?”-Davis points to past federal transportation bills, as well as the White House’s GROW AMERICA proposal as having one fatal flaw in common: they each leave the HTF on worst financial shape after the bill expires than it was prior to the bill being enacted.

Working with research partner, The Economist Intelligence Unit, the IBM Institute for Business Value surveyed 1,023 global procurement executives from 41 countries in North America, Europe and Asia.

U.S. Carloads were down 7.8 percent annually at 259,544, and intermodal volume was off 15.7 percent for the week ending February 21 at 213,617 containers and trailers.

Article Topics

News · Intermodal · AAR · Railroad Shipping · All topics

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