Subscribe to our free, weekly email newsletter!


Railroad shipping: AAR reports August 2011 volumes are mixed

By Staff
September 08, 2011

As has been the case in previous months, the Association for American Railroads (AAR) reported that carload and intermodal volumes in August were mixed.

August carloads—at 1,482,570—were down 0.3 percent annually. Intermodal—at 1,179,838 trailers and containers—was up 0.4 percent compared to August 2010.

Of the 20 major commodities tracked by the AAR, 12 were up on an annual basis in August. Metallic ores were up 16.6 percent, and motor vehicles and parts were up 5.7 percent. Grain was down 17.1 percent, and coal was down 1.7 percent. And the AAR said that excluding coal and grain, U.S. rail carloads for August were up 3.7 percent compared to August 2010.

The AAR also reported that as of September 1, 271,404 freight cars were in storage, which represents 5,539 fewer cars than August 1. 

For the week ending September 3, the AAR said that carload volumes—at 303,260—were down 0.4 percent annually. Intermodal—at 233,941 trailers and containers—was down 1.3 percent

Metallic ores led commodity gains for the week with a 24.5 percent increase year-over-year, and farm products excluding grain were down 23.9 percent.

Carload volume in the East was down 0.8 percent for the week and out West it was down 0.2 percent compared to the same week a year ago.

Through the first 35 weeks of 2011, the AAR said cumulative carload volume—at 10,133,479—was up 1.9 percent, and trailers and containers—at 7,931,620—was up 5.8 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

Intermodal units, at 278,767 containers and trailers were up 6.7 percent compared to the same week last year and marks the third best week for intermodal ever recorded based on AAR’s data.

LM Group News Editor Jeff Berman recently conducted a wide-ranging interview with Bobby Harris, President and CEO of non asset-based 3PL BlueGrace Logistics about various aspects of the freight transportation market.

It’s small, but senior brass at YRC Worldwide will take it. After nearly seven years of continuing losses in excess of $2.6 billion, the parent of the nation’s second-largest LTL carrier posted a narrow net profit in the third quarter ended Sept. 30.

As was the case for the second quarter, third quarter earnings results for publicly-traded less-than-truckload (LTL) carriers are again strong. Signs of solid earnings results from carriers that have posted earnings to date include tonnage increases, gains in weight per shipment and average daily shipments, higher yield, and revenue per hundredweight.

While the holiday season is known to bring good tidings and cheer to all, it may also come with another thing that is not so pleasant: higher rate freights. That was the thesis of a commentary written by Mark Montague, industry pricing analyst and chief market-watcher for DAT, a Portland, Ore.-based subsidiary of TransCore.

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