Subscribe to our free, weekly email newsletter!


Rail traffic is slightly mixed on an annual basis for week ending April 16, says AAR

By Jeff Berman, Group News Editor
April 22, 2011

The American Association of Railroads reported that rail carload and intermodal volumes for the week ending April 16 were mixed on an annual basis.

Carload volume—at 295,426—was down 0.3 percent compared to last year, but was slightly ahead of the week ending April 9, which hit 293,798. It was also behind the week ending April 2, which hit 305,905 carloads, marking the highest weekly carload tally since the end of 2008.

Carload volume was down 3.1 percent in the East and up 1.6 percent out West. Carloads year-to-date check in at 4,363,173 for a 4.5 percent year-over-year increase on a year-to-date basis.

Intermodal volume for the week ending April 16 was up 9.8 percent at 230,460 trailers and containers, edging the week ending April 9 at 228,713 and lagging the week ending April 2 at 234,308. Containers and trailers at 3,315,400 year-to-date are 9 percent ahead of last year’s pace.

Increasing fuel prices are serving as a driver for intermodal usage. That was made clear at this week’s NASSTRAC Logistics Conference and Expo, with several truckload carriers telling LM that their intermodal businesses are on the rise, due to shippers seeking cost relief from rising diesel prices in exchange for an extra day or two of transit times.

Dahlman Rose analyst Jason Seidl wrote in a research note that “macro factors and current freight industry dynamics bode well for rail intermodal traffic…[and] rising fuel prices and the likely truckload capacity crunch associated with new safety regulations should cause railroad pricing to become more competitive with truckload rates.”

Of the 20 commodity groups tracked by the AAR, 11 were up annually. Farm products excluding grain were up 18.6 percent, and metallic ores were up 17.3 percent. Primary forest products were down 25 percent, and nonmetallic minerals were down 22.4 percent. 

Estimated ton-miles for the week were 32.8 billion for a 0.9 percent annual increase, and on a year-to-date basis, the 490.5 billion ton-miles recorded are up 5.7 percent.

For related articles, please click here.

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 Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 8.2 percent from September 2013 to September 2014 at $102.2 billion.

NS said that the D&H lines it plans to acquire connect with the NS network at Sunbury, Pa. and Binghamton, N.Y. and give NS single-line routes from Chicago and the southeast U.S. to Albany, N.Y., which is in close proximity to NS’ Mechanicville, N.Y.-based intermodal terminal.

This follows a 1.6 cent decrease last week, which was preceded by a 5.4 gain the week before and stands as the first increase going back to the week of June 23, when the weekly average headed up 3.7 cents to $3.919 per gallon.

BNSF said that its 2015 capital expenditures will be allocated towards various areas of its business, including maintenance and expansion of the railroad to meet the expected demand for freight rail service, with 2015 representing the third straight year BNSF has invested a record annual capital expenditures investment.

While the ongoing labor negotiations between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) ostensibly going from bad to worse, following the ILWU’s announcement late last week that it was halting negotiations from November 20 through November 30, a Congressional group last week penned a letter to PMA and ILWU leadership expressing concern over the state of the negotiations.

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