Subscribe to our free, weekly email newsletter!


Rail traffic is up for the week ending August 20, says AAR

By Staff
August 26, 2011

Rail traffic was up for the week ending August 20, according to data released by the Association of American Railroads (AAR).

Carload volume—at 300,521—was up 1.1 percent annually, and it was ahead of the week ending August 13, which hit 292,266 and the week ending August 6 at 287,329. It was slightly 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 up 1.3 percent in the East and up 0.9 percent out West. Carloads on a year-to-date basis are at 9,531,017 for a 2 percent annual increase.

Intermodal volumes for the week at 238,680 trailers and containers were up 1 percent annually and behind ahead of the previous two weeks, which hit 235,598 and 235,568, respectively.

Intermodal volumes on a year-to-date basis at 7,461,628 are up 6.3 percent compared to 2010. Shippers continue to turn to intermodal as an alternative to trucking movements, as they can see significant fuel savings in exchange for a longer transit time.

Of the 20 commodity groups tracked by the AAR, 14 were up annually. Metallic ores were up 24.7 percent, and farm products, excluding grain, were down 14.5 percent.

Estimated ton-miles for the week were 34.6 billion for a 1.8 percent annual increase, and
on a year-to-date basis, the 1,071.7 billion ton-miles recorded were up 3.0 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

For November, which is the most recent month for which data is available, the SCI came in at -3.2. While this is still entrenched in negative territory, it represents an improvement over October and September, which were -5.5 and -6.6, respectively.

Total December shipments––at 1,150,810––were 3 percent better than November and up 5 percent annually. And total 2014 shipments––at 14,092,551––were up 5.61 percent, setting a new record for annual shipments during the time which Panjiva has been collecting this data since 2007.

The biggest story in the energy sector has to be the 30% decline in oil prices since June to a level not seen since the global recession cut a whopping 6% from global consumption back in 2009.

The challenge for air cargo operators to fill capacity, and the confidence to add capacity, remain the same as the demand curve for air freight services recovers.

For the fourth quarter of 2014, UPS said it anticipates adjusted diluted earnings per share of roughly $1.25, with full-year 2014 adjusted diluted earnings per share at $4.75, which represents a 3.9 percent annual gain over 2013’s adjusted earnings per share of $4.57, with full-year 2014 diluted earnings pegged at around $3.28 per share, which is 28.9 percent below 2013’s $4.61.

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