Subscribe to our free, weekly email newsletter!


Railroad shipping: AAR reports volumes are mixed for week ending September 17

By Staff
September 23, 2011

Rail traffic was mixed for the week ending September 17, according to data released by the Association of American Railroads (AAR).

Carload volume—at 299,914—was down 1.4 percent year-over-year and was up compared to last week’s 278,382 and in line with the previous three weeks, which hit 299,943, 300,521, and 292,266, respectively. 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.

Intermodal volumes at 242,250 trailers and containers are up 0.9 percent compared to last year. On a year-to-date basis, intermodal is up5.5 percent at 8,381,960. 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, 11 were up annually. Petroleum products were up 19.2 percent, and grain was down 17.6 percent.

Carloads year-to-date at 10,711,775 are up 1.7 percent and intermodal volumes at 8,381,960 trailers and containers are up 5.5 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

The Institute for Supply Management’s (ISM) August edition of the Manufacturing Report on Business saw its PMI, the ISM’s index to measure growth, fall 1.6 percent to 51.1, following a 0.8 percent decline to 52.7 in July. Even with the relatively slow growth over the last two months, the PI has been at 50 or higher for 31 consecutive months.

Hackett observed in the new report that China’s economy has lost steam, with actual growth falling short of targeted rates, while the United States most recent second quarter GDP reading at 3.7 percent outpaced expected targets, even though it was negatively impacted by gains in manufacturing and retail inventories.

The proposed merger of Cosco and CSCL could spark further container consolidation

The average price dropped 4.7 cents to $2.514 per gallon, which now stands at the lowest weekly average price for diesel since July 2009, when it was at $2.542 the week of July 27, 2009, according to EIA data.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in June dropped 3.8 percent annually to $99.0 billion. This followed a 10.8 percent decline in May to $92.7 billion.

Article Topics

News · Intermodal · Rail Freight · AAR · All topics

Comments

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