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

Information abounds about the growing trend of electric lift trucks and the advantages and disadvantages of the electric solution. Amid all of the information from so many sources, what's the truth about electric lift trucks? This complimentary white paper breaks through the clutter to review why electric lift trucks are gaining in popularity and also to review their challenges, as well as their economic and environmental benefits.

Three weeks after initiating a coordinated series of slowdowns that have mired the major West Coast ports of Tacoma, Seattle, Oakland, Los Angeles and Long Beach, the ILWU has pushed away from the bargaining table.

DHL has released the third edition of its Global Connectedness Index (GCI), a detailed analysis of the state of globalization around the world.

The truck driver shortage is worsening, threatening the trucking industry’s ability to serve the nation’s supply chains. The shortage will almost certainly cause fleets’ costs to increase and shippers’ rate to continue to rise.

The Agriculture Transportation Coalition has asked the Administration to bring in a federal mediator to help resolve the negotiations, and if a strike or lockout occurs, the AgTC advocates the rarely-invoked Taft-Hartley Act.

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