Railroad traffic shows rebound from harsh weather for week ending February 12

Carload volume at 274,043 was up 6.2 percent compared to last year and ahead of the week ending February 5 at 267,682. But it lagged behind the week ending January 29 which hit 291,147 and the week ending January 22 at 282,837. The AAR said that carload volume was up 21.8 percent in the East and down 2.5 percent out West.

By ·

Railroad traffic for the week ending February 12 saw solid year-over-year gains, according to data released by the Association of American Railroads (AAR).

Carload volume at 274,043 was up 6.2 percent compared to last year and ahead of the week ending February 5 at 267,682. But it lagged behind the week ending January 29 which hit 291,147 and the week ending January 22 at 282,837. The AAR said that carload volume was up 21.8 percent in the East and down 2.5 percent out West.

Intermodal volumes for the week ending February 12 was 228,035 trailers and containers for an 18.5 percent hike. It was also up significantly from the week ending February 5 at 198,249. The week ending February 12 was ahead of the weeks of January 29 and January 22 at 222,742 trailers and containers and ahead of the week ending January 22 at 180,888 trailers and containers.

As LM has reported, while volumes are up annually and at recent levels on a sequential basis, it appears the annual comparisons for railroad data will be less impressive than they were in 2010, considering 2010 comparisons were up against a difficult 2009.

But railroad volume appear to be picking up where 2010 left off, 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 12, with metallic ores up 105.1 percent and farm products excluding grain up 27.4 percent.

Estimated ton-miles were 30.3 billion—matching last week— for a 7.3 percent annual increase, and on a year-to-date basis, the 189.4 billion ton-miles recorded are up 7.4 percent.

While volumes for the week ending February 12 saw some gains over previous weeks, which were negatively impacted by severe weather, Robert W. Baird analyst Jon Langenfeld noted that service issues are likely to persist for two or three weeks before weather-induced network congestion is relieved.

“Decreased average speed and increased dwell time confirm the aftermath of the weather impact,” wrote Langenfeld.

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
Revisiting Supplier Relationship Management to Boost Real Value in the Supply Chain
Supplier relationship management (SRM) initiatives are on the rise, and companies who successfully implement these programs can realize a significant return on their technology investments.
Download Today!
From the May 2017 Issue
Everyone is talking about terms like digitization, Industry 4.0 and digital supply chain management, but what sort of technologies fall under these broad terms, and how will they change the management capabilities at our disposal? To find out, we talked to some noted supply chain analysts, consultants and technology executives and gathered six digital trends to watch.
Transportation Trends and Best Practices: The Battle for the Last Mile
2017 Technology Roundtable: Are we closer to “Intelligent” Logistics?
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Going Beyond Rate Negotiations for Logistics Cost Savings
The pressure to reduce cost is a fundamental part of every organization today leaving many supply chain professionals constantly renegotiating rates. This webcast examines four areas that may hold untapped savings potentials and even help organizations negotiate better rates.
Register Today!
EDITORS' PICKS
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...

LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...
ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...