Subscribe to our free, weekly email newsletter!

Railroad traffic shows continued gains for week of February 19, says AAR

By Jeff Berman, Group News Editor
February 25, 2011

The week ending February 19 delivered solid year-over-year gains, according to data released by the Association of American Railroads (AAR).

Carload volume at 296,980 was up 8.2 percent compared to the same timeframe a year ago and was also ahead of the weeks ending February 12, February 5, and January 29, which checked in at 274,043, 267,682, and 291,147, respectively. The AAR said that carload volume was up 12.7 percent in the East and up 5.4 percent out West.

Intermodal volumes for the week ending February 19 were 233,993 trailers and containers, representing a 16.9 percent annual gain. This was ahead of the week ending February 12 at 228,035 and the week ending February 5 at 198,249.

Railroad carload and intermodal volumes continue to show decent annual and sequential gains, although the annual comparisons are abating because comparisons from 2011 to 2010 will not be as significant as those from 2010 to 2009, which was when freight volume declines were steep. And prospects for 2011 look very encouraging, especially in light of recent fourth-quarter and full-year earnings results from multiple Class I carriers, which pointed to continued pricing and volume increases.

Of the 20 commodity groups the AAR tracks, 16 saw annual growth for the week ending February 19, with metallic ores up 77.6 percent, stone, clay and glass products up 20.2 percent, and motor vehicles and equipment up 16.3 percent. 

Estimated ton-miles for the week were 33.5 billion for a 9.5 percent annual increase, and on a year-to-date basis, the 222.9 billion ton-miles recorded are up 7.7 percent.

Morgan Stanley analyst William Greene wrote in a research note that “rail traffic showed strength in the latest week relative to recent weeks, as volumes rebounded from levels that were depressed by severe weather…[and] intermodal and autos growth rates accelerated significantly and showed particular strength on a year-over-year basis vs. other segments.”

For more articles on railroad shipping, please click here.

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

Seasonally-adjusted (SA) for-hire truck tonnage in October at 135.7 (2000=100) was up 1.9 percent compared to September’s 133.1, and the ATA’s not seasonally-adjusted (NSA) index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment was 139.8 in October, which was 0.9 percent ahead of September.

The average price per gallon of diesel gasoline fell 3.7 cents to $2.445 per gallon, according to data issued today by the Department of Energy’s Energy Information Administration (EIA). This marks the lowest weekly price for diesel since June 1, 2009, when it was at $2.352 per gallon.

In its report, entitled “Grey is the new Black,” JLL takes a close look at supply chain-related trends that can influence retailers’ approaches to Black Friday.

This year, it's all about the digital supply network. In this virtual conference, we will define the challenges currently facing supply chain organizations and offer solutions designed to transform linear operations into dynamic, automated networks that offer seamless communication, visibility, and the ability to respond and optimize processes at any given time.

In his opening comments assessing the economy at last week’s RailTrends conference hosted by Progressive Railroading magazine and independent railroad analyst Tony Hatch, FTR Senior analyst Larry Gross said the economy continues to slog ahead at a relatively tepid pace, coupled with some volatility in terms of overall GDP growth. And amid that slogging, Gross said there is currently an economic hand-off occurring between the industrial sector and the consumer sector.


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