Subscribe to our free, weekly email newsletter!


Weather impacts rail volumes for week ending February 5, says AAR

By Jeff Berman, Group News Editor
February 11, 2011

Railroad traffic for the week ending February 5 was mixed due to harsh weather conditions impacting certain parts of the country, according to data released by the Association of American Railroads (AAR).

Carload volume at 267,682 was flat year-over-year and 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 5.8 percent in the East and down 3.6 percent out West.

Intermodal volumes for the week ending February 5 tallied 198,249 for a 1.5 percent annual decline. It was also behind 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, 8 saw annual growth for the week ending February 5, with metallic ores up 33.5 percent and chemicals up 4.1 percent.

Estimated ton-miles were 30.3 billion for a 1.3 percent annual increase, and on a year-to-date basis, the 158.5 billion ton-miles recorded are up 7.0 percent.

“On a year-to-date basis, carloads are 6.4% higher vs. last year and intermodal units are 5.7% higher,” forward wrote Avondale Partners analyst Donald Broughton in a research note. “Coal continues to progress, as normalized utility coal stockpiles, along with improving trends for domestic met coal and export coal should yield weekly coal volumes in the 150-160k range. When combined with the steady rise in intermodal units and the strong volumes seen in chemical and metals, as well as the growing boost from agricultural volumes, we anticipate strong overall volumes moving.”

About the Author

Jeff Berman headshot
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. .(JavaScript must be enabled to view this email address).


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

While it feels somewhat hard to fathom, the stage is set for the Council of Supply Chain Management Professionals (CSCMP) Annual Conference in San Antonio, Texas.

Carload volumes were up 1.4 percent at 300,388, and intermodal volume for the week ending September 13 was up 5 percent at 279,052 trailers and containers.

Company says the Cloud offering allows customers to respond more quickly to new business opportunities, without significant upfront cost and implementation times.

As e-commerce continues to take a bigger piece of the holiday package delivery pie, it stands to reason that companies need to be proactive and prepared in order to deliver premium service during the busiest time of year, which is rapidly approaching. And that is exactly what transportation giants UPS and FedEx are doing this year. How are they doing it exactly? The primary step they are taking is to up their numbers of seasonal staffers.

A recent hearing of the Subcommittee on Coast Guard and Maritime Transportation suggests that the U.S. Merchant Marine industry may be poised for a major comeback.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA