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
Lead your organization through the driver shortage and over-the-road regulations.
Potential transportation disruptions are looming as increased over-the-road regulations are set to go into effect in 2017. Experts believe these regulations will further impact the already challenged driver pool as well as reduce driver productivity.
Download Today!
From the January 2017 Issue
Following LM tradition, we start off the New Year with our annual “Rate Outlook” cover story and subsequent Webcast
Moore on Pricing: The other TMS functional options
2017 Rate Outlook: Where are freight transportation rates headed?
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
2017 Rate Outlook: Where are freight transportation rates headed?
Join our panel of top oil and transportation analysts for an exclusive look at where rates are headed and the issues driving those rate increases over the coming year.
Register Today!
EDITORS' PICKS
2017 Rate Outlook: Will the pieces fall into place?
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as...
Logistics Management’s Top Logistics News Stories 2016
From mergers and acquisitions to regulation changes, Logistics Management has compiled the most...

Making the TMS Decision: Ariens Finds Just the Right Fit
The third time is the charm for this U.S. manufacturer on the hunt for a third-party logistics (3PL)...
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....