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

A recent hearing of the Subcommittee on Coast Guard and Maritime Transportation suggests that the U.S. Merchant Marine industry may be poised for a major comeback.

Spot market freight volumes for the month of August remained elevated compared to seasonal norms, according to data issued this week Portland, Oregon-based freight marketplace platform and information provider DAT.

Factors such as rising freight rates, shrinking capacity, an increased desire for global supply chain visibility, have all worked together to drive the need for instituting a culture of continuous improvement in logistics operations and transportation management systems (TMS). To meet today's complex logistics challenges, managers are stepping into a more streamlined, automated approach to transportation management in order to function at optimal levels both domestically and internationally. Read the latest special report.

The Atlanta-based company said that it plans to hire between 90,000-to-95,000 seasonal employees, up from about 85,000 last year, to support “the anticipated holiday surge” for package deliveries commencing in October and running through January.

The Memphis-based company reported today that quarterly net income of $606 million was up 24 percent annually, and revenue, at $11.7 billion, was up 6 percent. Operating income at $987 million was up 24 percent.

Article Topics

News · Rail Freight · Intermodal · AAR · All topics

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