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

Satish Jindel, president of Pittsburgh-based SJ Consulting, says that one way for LTL carriers to improve both their bottom lines and overall productivity is to get a better grasp on the cost of handling a shipment and the pricing they have for it.

Falling 5.5 cents to $2.668 per gallon, this follows last week’s 5.9 cent decline for the lowest weekly average price going back to the week of October 14, 2009, when it was at $2.60 per gallon.

With the latest round of Trans-Pacific Partnership (TPP) negotiations in Maui, Hawaii ending without a deal, U.S. supply managers may be adjusting to other global sourcing strategies.

The PMI, the ISM’s index to measure growth fell 0.8 percent to 52.7 (a PMI of 50 or greater represents growth). PMI growth has been at 50 or higher for 31 straight months (with the overall economy growing for 74 months), and the current PMI is 1.7 percent below the 12-month average of 54.4.

The current status of FedEx’ planned acquisition of Netherlands-based TNT-NV and a provider of mail and courier services and the fourth largest global parcel operator for $4.8 billion, which was initially announced in April, remains in flux, with continued actions being taken by the European Commission.

Comments

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