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

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

By ·

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, 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. Contact Jeff Berman

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!

Latest Whitepaper
Case Study: LEAN Yields Big Results
Every day, companies across a wide range of industries use LEAN in their supply chains, warehouses and distribution centers, finance departments, and customer service centers, among other areas. LEAN practices improve safety, quality, and productivity by extracting cost and waste from all facets of an operation – from the procurement of raw materials to the shipment of finished goods.
Download Today!
From the October 2016 Issue
Over the past decade we’ve seen a major trend in regards to safety regulations for freight transport within the United States as well as for import and export shippers—that trend is the “international­ization” of rules and regulations.
European Logistics Update: Post-Brexit U.K. moving ahead, but in which direction?
Badcock Home Furniture &more: Out with paper, in with Cloud TMS
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
How API Technology Connects the Transportation Economy
Dynamic decision making is made possible through accurate, actionable data. When combined with progress in data science and the Internet of Things, technology companies that add value to direct-to-carrier APIs and combine them with high-power data analytics will create new concepts for the information economy.
Register Today!
Motor Carrier Regulations Update: Caught in a Trap
The fed is hitting truckers with a barrage of costly regulations in an era of scant profits....
25th Annual Masters of Logistics
Indecision revolving around three complex supply chain elements—transportation, technology and...

2016 Quest for Quality: Winners Take the Spotlight
Which carriers, third-party logistics providers and U.S. ports have crossed the service-excellence...
Regional ports concentrate on growth and connectivity
With the Panama Canal expansion complete, ocean cargo gateways in the Caribbean are investing to...