Subscribe to our free, weekly email newsletter!


Rail traffic showed steady gains for the week ending May 28, says AAR

By Staff
June 03, 2011

Rail traffic showed steady gains for the week ending May 28, according to data released by the Association of American Railroads (AAR).

Carload volume—at 288,049—was up 0.7 percent compared to the same timeframe last year and is behind the week ending May 21 at 295,148 and the week ending May 14 at 294,271. 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 up 0.7 percent in the East and up 0.7 percent out West. Carloads on a year-to-date basis are at 6,110,554 for a 3.2 percent annual gain.

Intermodal volume—at 234,668 trailers and containers—was up 4.2 percent from last year. This was slightly ahead of the week ending May 21 at 234,235. Intermodal volumes are being boosted in part by modal shifts by carriers looking for financial relief from increasing fuel prices.

As LM has reported, truckload carriers and shippers are moving more freight via intermodal, even though it typically adds at least a day or two to transit times.

Of the 20 commodity groups tracked by the AAR, seven were up annually. Grain was up 18.5 percent, and metallic ores were up 48.9 percent. Primary forest products were down 23.1 percent.

Estimated ton-miles for the week were 31.9 billion for a 1.3 percent annual increase, and on a year-to-date basis, the 684.2 billion ton-miles recorded are up 4.3 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

UPS today announced diluted earnings per share of $1.32 for the third quarter 2014, a 13.8% improvement over the prior year period. Operating profit increased 8.3%, resulting from balanced growth across all three segments.

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 4.4 percent from August 2013 to August 2014 at $100.6 billion.

As expected, global trade dipped from August to September but still saw annual gains, according to data issued this week by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

Transportation and logistics merger and acquisition (M&A) activity in the third quarter saw annual gains, which were driven by smaller deals in the trucking logistics, shipping, and passenger air sectors, according to data issued in the Intersections report by PwC this week.

With the holidays rapidly approaching, it appears retailers are not quite done getting inventory set up and on the shelves in time for what is expected to be a fairly active shopping season. That much was evident based on recent data for September volumes issued by the Port of Los Angeles (POLA) and the Port of Long Beach (POLB).

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