Subscribe to our free, weekly email newsletter!


November rail and intermodal volumes show annual gains, says AAR

By Jeff Berman, Group News Editor
December 09, 2011

Both carload and intermodal volumes saw annual gains in November, according to data from the Association of American Railroads (AAR).

November carloads—at 1,476,635—were up 2.3 percent annually, marking the largest annual gain since last March. And intermodal—at 1,162,249 trailers and containers—was up 3.8 percent compared to November 2010. Both categories were also up sequentially, ahead of October’s 1,215,627 carloads and 975,566 trailers and containers.

“In November, U.S. rail carload traffic saw its highest year-over-year percentage increase in eight months, and year-over-year intermodal traffic grew for the 24th straight month,” said AAR Senior Vice President John Gray in a statement. “There are still clearly a lot of things that aren’t right with the economy, but we hope this improvement in rail traffic is a sign that the pace of economic growth is increasing.” 

The weekly carload average for November was 295,327, which was shy of October’s 303,907. While the average declined sequentially, carloadings increased every week in November, due in part to a number of trucking carriers pushing containerized loads onto rail for portions of their moves to reduce the impact of the driver shortage and tighter truck capacity, according to analysis by Rosalyn Wilson, author of the annual CSCMP State of Logistics report in the most recent Cass Freight Index report.

The weekly intermodal average was 232,450. AAR officials said that marks the third highest intermodal weekly average for any November in history.

At a time when freight transportation volumes are primarily showing flat or modest growth levels, intermodal still is showing very strong growth prospects, with the very likely possibility that the drivers for future intermodal gains are very promising, according to Class I railroad executives.

On a year-to-date basis through November, carloads and intermodal volumes at 14,021,412 and 11,019,041 are up 1.8 percent and 0.8 percent, respectively.

Of the 20 commodities tracked by the AAR, 13 were up year-over-year in November.

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

Jacksonville, Fla.-based Florida East Coast Railway (FECR), a 351-mile freight rail system on the state’s east coast, recently made two separate announcements. One had to do with an expansion of intermodal services between Charlotte, N.C. and various locations in South Florida and another was related to the company boosting its intermodal capacity through the addition of new equipment.

The International Air Transport Association (IATA) announced August 2014 data for global air freight markets showing continued “robust”growth in air cargo volumes.

Even though some of its key metrics dropped sequentially from August to September, the outlook for manufacturing over all remains strong, according to the most recent edition of the Manufacturing Report on Business issued today by the Institute for Supply Management (ISM).

Company officials said that these planned changes, which will take effect on January 4, 2015, will provide for increases in current pay rates and reduce the time it takes for its nearly 15,000 drivers to reach top pay scale.

While the economy has seen more than its fair share of ups and downs in recent years, 2014 is different in that it could be the best year from an economic output perspective in the last several years. That outlook was offered up by Rosalyn Wilson, senior business analyst at Parsons, and author of the Council of Supply Chain Management Professionals (CSCMP) Annual State of Logistics Report at last week’s CSCMP Annual Conference in San Antonio.

Article Topics

News · Intermodal · AAR · Carload · All topics

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