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
Just Released: Understanding Hazmat Transportation Management
The rules and regulations governing the transportation of hazardous materials (hazmat) are complex.
Download Today!
From the July 2017 Logistics Management Issue
E-commerce continues to fuel a boom that’s tempered by overcapacity, rate pressures, sluggish demand and political doubt. The result: “cognitive dissonance” that finds a $1.4 trillion market scratching its head.
2017 Truckload Brokerage Roundtable: Technology continues to connect the dots
Cloud Transportation Management Systems (TMS): Weis Markets streamlines “both sides” of the DC door
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Getting the most out of your 3PL relationship
Join Evan Armstrong, president of Armstrong & Associates, as he explains how creating a balanced portfolio of "Top 50" global and domestic partners can maximize efficiency and mitigate risk.
Register Today!
EDITORS' PICKS
28th Annual State of Logistics: Into the great unknown
E-commerce continues to fuel a boom that’s tempered by overcapacity, rate pressures, sluggish...
2017 Top 50 3PLs: Investment and Consolidation Maintain Traction
The trend set over the past few years for mergers and acquisitions has hardly subsided, and a fresh...

The Evolution of the Digital Supply Chain
Everyone is talking about terms like digitization, Industry 4.0 and digital supply chain management,...
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...