Subscribe to our free, weekly email newsletter!

Rail traffic up for week ending March 12, according to AAR

By Jeff Berman, Group News Editor
March 18, 2011

Railroad volumes continued trending in the right direction, with volumes up again for both carload and intermodal for the week ending March 12, according to data from the Association of American Railroads (AAR).

Carload volume at 292,164 was up 1.3 percent compared to the same timeframe last year, but trailed the week ending March 5 at 303,953 and the week ending February 26 at 296,252. Carload volume was down 2.8 percent in the East and up 4.2 percent out West.

On the intermodal side, volumes were up 6.5 percent with 216,828 trailers and containers, which was ahead of the week ending March 5 at 214,343 and behind the week ending February 26 at 220,589.

These volumes are the most recent evidence of railroads continuing to show both annual and sequential growth although, as LM has pointed out, the percentage levels of annual gains are decreasing, due to the fact that 2010 was being compared to 2009, which was a low point for freight transportation volumes. Rail prospects for 2011 remain very encouraging, though, as railroads have been able to maintain solid pricing power in conjunction with volume increases.

The AAR said that 12 of the 20 commodity groups the AAR tracks saw annual growth for the week ending March 12, with metallic ores up 105.3 percent, pulp, paper, and allied products up 17.9 percent, and motor vehicles and equipment up 17.7 percent.

Estimated ton-miles for the week were 33.0 billion for a 2.5 percent annual increase, and on a year-to-date basis, the 323.3 billion ton-miles recorded are up 6.6 percent.

Robert W. Baird analyst Jon Langenfeld wrote in a research note that current volume levels are “roughly in line with seasonal trends compared to average [fourth quarter] levels,” adding that the “recent softer volume growth is worth monitoring, though multiple signs exist that the industrial economy has been strong/topic/tag/AAR to start 2011.”

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

Kurt Nagle, president and CEO of the American Association of Port Authorities recently voiced his endorsement of this trade legislation

While many auto executives expect more industry recalls in 2015 and 2016, just 8 percent use advanced predictive analytics to help prevent, prepare for, and manage recalls, according to a recent online poll from Deloitte.

Purolator white paper highlights common Canadian shipping mistakes. From failing to appreciate the complexity of the customs clearance process to not realizing that Canada recognizes both French and English as its official languages, U.S. businesses frequently misjudge the complexity of shipping to the Canadian market. This often results in mistakes - mistakes that can come with hefty penalties and border clearance delays, and that can result in lingering negative perceptions among Canadian consumers.

At a certain point, it seems like the ongoing truck driver shortage cannot get any worse, right? Well, think again, because of myriad reasons we could well be in the very early innings of a game that is, and continues, to be hard to watch. That was made clear in a report issued by the American Trucking Associations (ATA), entitled “Truck Driver Analysis 2015.”

Coming off of 2014, which in many ways is viewed as a banner year for freight, it appears that some tailwinds have firmly kicked in, as 2015 enters its official homestretch, according to Rosalyn Wilson, senior business analyst at Parsons, and author of the Council of Supply Chain Management Professionals (CSCMP) Annual State of Logistics (SOL) Report at last week’s CSCMP Annual Conference in San Diego. The SOL report is sponsored by Penske Logistics.


Post a comment
Commenting is not available in this channel entry.

© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA