Subscribe to our free, weekly email newsletter!


Railroad shipping: AAR reports volumes are up for week ending November 5

By Jeff Berman, Group News Editor
November 11, 2011

Rail traffic was again up for the week ending November 5 according to data released by the Association of American Railroads (AAR).

Carload volume—at 298,465—was up 3.4 percent compared to the same timeframe a year ago and behind the week ending October 29 which hit 307,00 and the previous two weeks, which hit 301,864 and 303,363, respectively.

Eastern carloads were up 1.6 percent, and out west carloads were up 4.5 percent. On a year-to-date basis, carloads—at 12,843,242—are up 1.7 percent.

Intermodal volumes at 239,180 trailers and containers were up 3.5 percent annually, which trailed the week ending October 29 at 245,404 and the previous two weeks at 244,389 and 241,999, respectively. It was also behind the week ending October 1, which hit 250,864 for the highest weekly total for 2011 and highest weekly tally since week 39 of 2007.

Intermodal volumes of 10,095,972 trailers and containers for the year-to-date are 5.2 percent ahead of last year’s pace. As LM has reported, 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.

AAR officials recently said that the “containerization of U.S. rail intermodal service continues its upward trend,” explaining that containers accounted for 86.0 percent of U.S. rail intermodal volume in October 2011, down fractionally from September’s 86.1 percent and August’s 86.3 percent. This period, said the AAR, represents a stretch in which never before have containers accounted for such a high percentage of U.S. intermodal traffic.

This sentiment was similar at this month’s RailTrends conference presented by Progressive Railroading magazine and independent industry analyst Tony Hatch.
Both Class I and short line executives noted at RailTrends that intermodal continues to be a major driver for traffic and volume growth.

“Truckload carriers that provide intermodal service are going to the railroads to work on developing [corridors and related projects like terminals], because shippers are asking for it,” said Hatch at RailTrends. “Intermodal is running at a high level of precision.”

Of the 20 commodity groups tracked by the AAR, 15 were up annually. Metallic minerals were up 23.2 percent, and farm products excluding grain were down 17.8 percent.

Estimated ton miles for the week at 35.8 billion were up 4.4 percent and for the year-to-date, they were up 2.8 percent at 1,460.4 billion.

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

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 · Rail · 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