Subscribe to our free, weekly email newsletter!

Volumes are mixed again for the week ending March 24, says AAR

By Staff
March 30, 2012

As has been the case in recent weeks, rail volumes were again mixed for the week ending March 24, according to data from the Association of American Railroads (AAR).

Carload volume—at 278,393—was down 7.2 percent annually and slightly below the week ending March 17 at 278,420 and the week ending March 10 at 278,728, as well as the week ending March 3 at 283,312.

Eastern carloads were down 4.3 percent, and out west carloads were down 9.1 percent.

Intermodal volumes—at 232,401 trailers and containers—for a 4.2 percent annual gain and was ahead of the week ending March 17 at 227,138 and the weeks ending March 10 and March 3 at 226,039 and 227,256, respectively.

Of the 20 commodity groups tracked by the AAR, 12 were up annually. Petroleum products were up 26.8 percent, and motor vehicles and equipment were up 13.8 percent. Coal was down 17.4 percent, and grain was down 14.2 percent.

Carloads for the first 12 weeks of 2012—at 3,392,128—were down 2.2 percent compared to the first 12 weeks of 2011, and intermodal was up 2.4 percent at 2,685,673 trailers and containers.

Estimated ton-miles for the week at 31.7 billion were down 6.5 percent, and for the year-to-date it was down 1.3 percent at 386.1 billion.

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

As was the case a month ago, the Global Port Tracker report from the National Retail Federation (NRF) and maritime consultancy Hackett Associates is calling for annual import cargo volume gains at United States ports, as retailers gear up for the holiday season.

More than nine months after saying it was not for sale, Long Beach Calif.-based non asset-based third-party logistics (3PL) services provider UTi Worldwide has apparently changed its tune, with the company saying it has entered into a definitive agreement to be acquired by Denmark-based global 3PL DSV for $1.35 billion and $7.10 per share.

September carloads—at 1,417,750—were down 4.9 percent—or 72,597 carloads— annually, and intermodal—at 1,365,980 trailers and containers—was up 1.2 percent—or 16,272 trailers and containers.

Slowing global trade and a bloated orderbook of large vessel capacity mean that container shipping is set for another three years of overcapacity and financial pain, according to the latest Container Forecaster report published by global shipping consultancy Drewry.

The NRF is calling for 2015 holiday sales to see a 3.7 percent annual gain to $630.5 billion, which comfortably outpaces the ten-year average of 2.5 percent.


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