Subscribe to our free, weekly email newsletter!


Railroad shipping: AAR reports volumes are up for September 2011

By Staff
October 07, 2011

The Association for American Railroads (AAR) reported that carload and intermodal volumes in September were up on an annual basis.

September carloads—at 1,195,671—were up 1.1 percent annually. Intermodal—at 949,606 trailers and containers—was up 2.3 percent compared to September 2010. While both categories were up annually, they were down sequentially, with August carload and intermodal volumes reaching 1,482,570 and 1,179,838, respectively.

“Carloads have been closely tracking last year’s levels for six months, and intermodal continues to grow, though more moderately than earlier this year,” said AAR Senior Vice President John T. Gray in a statement. “Rail traffic is consistent with an economy that is probably still growing, but far more slowly than any of us would want.” 

Of the 20 major commodities tracked by the AAR, 13 were up on an annual basis in September. Petroleum and petroleum products were up 16.1 percent, and grain carloads were down 18.2 percent, marking the third consecutive month grain was down.

The AAR reported that rail employment figures saw a bounce in August (the month for which data is most recently available in this category), with 1,191 jobs added. This brings total Class I freight railroad employment to 161,107, said the AAR.

In the month of September, the AAR said that rail car owners brought 11,087 cars out of storage with roughly about 17.1 percent of the North American car fleet remaining in storage.

For the week ending October 1, the AAR said that U.S. railroads hit 312,170 carloads for a 4.7 percent annual increase, which topped the week ending September 24 at 305,133 and the week ending April 2, which hit 305,905 carloads, and had been the highest weekly carload tally since the end of 2008.

Weekly intermodal numbers hit 250,864 trailers and containers for a 4.4 percent gain over last year. This also topped the week ending September 24, which hit 248,402. These two weeks represent the highest weekly totals for intermodal in 2011, coming ahead of the previous weekly high from week 39 of 2007.

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

Earlier today, the United States Senate signed off on a six-year surface transportation authorization, according to various media reports. The bill, entitled the Developing a Reliable and Innovative Vision for the Economy (DRIVE) Act, passed by a 65-34 margin and comes at a time, when the most recent extension for surface transportation funding expires tomorrow, July 31.

Demand for the $500 million in available funding for the United States Department of Transportation’s TIGER (Transportation Investment Generating Economic Recovery) competitive grant program was easily trumped, with applications for the seventh round of TIGER grants coming in at $9.8 billion, or nearly twenty times the available amount, DOT said this week.

Global logistics managers will be tracking the progress of the controversial Trans-Pacific Partnership (TPP) talks in Maui, Hawaii this week, as negotiating parties hope to finalize the agreement.

As has been noted in recent coverage on this site in regards to Peak Season, one underlying theme has been, and remains, how Peak Season is not what it used to be. That is not to say there will not be any Peak Season-related activity. Make no mistake, there will be and things driving it from the seasonal nature of business activity and cargo flows to higher demand and increased e-commerce activity, among others.

UPS Access Point locations serve as a replacement delivery address when consumers are not at home to receive a package or when consumers want a delivery to go somewhere other than their residence.

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