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

Having introduced into the California State Senate a new bill designed to give an exemption from sales and use tax for port terminal operators purchasing zero or “near zero-emission” equipment, Lara is trying to advance two agendas.

The notions of “green shoots” or “cautious optimism” in gauging the current state of the economy does not specifically exhibit what is really happening, when assessing how things are actually going, it seems. That was made clear by Bob Costello, chief economist at the American Trucking Associations, at last week’s NASSTRAC (National Shippers Strategic Transportation Council) Shippers Conference and Transportation Expo in Orlando, Fla. last week.

With a 6.8 cent gain to $2.266 per gallon, this week’s average diesel price is at its highest level since the week of December 28, when it was at $2.237 per gallon.

Manufacturing activity in April remained on the right side of growth for the second straight month, following six months of contraction, according to the April edition of the Manufacturing Report on Business from the Institute for Supply Management (ISM).

Some 22 centuries after the original Silk Road smoothed the path of Chinese silk merchants to Europe, a new effort is beginning to build a new 21st century highway between Europe and the burgeoning economy of China, now the world’s fastest-growing market.

Article Topics

News · Intermodal · AAR · 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