Filed in Rail Freight
Monday, April 25, 2011
When a Wall Street Journal article reported that rail shipping woes were impacting auto deliveries, industry experts told LM the situation is not as dire as it seems.
Friday, April 22, 2011
Carload volume—at 295,426—was down 0.3 percent compared to last year, and intermodal was up 9.8 percent at 230,460 trailers and containers.
Tuesday, April 12, 2011
March rail carloads—at 1,493,553—were up 3.4 percent compared to March 2010 and up 11.2 percent compared to March 2009, said the AAR. The weekly carload average in March checked in at 298,711.
Friday, April 08, 2011
For the week ending April 2, the AAR reported that carload volume hit its highest level since the end of 2008 at 305,905 carloads for a 5.7 percent annual increase. This outpaced the weeks ending March 26, March 19, and March 12, which hit 200,903, 292,164, and 303,953, respectively.
Thursday, April 07, 2011
Company officials said this effort is possible due to legislation recently passed by the New Mexico state legislature and signed into law by Governor Susan Martinez, which grants Union Pacific a locomotive fuel tax deduction, coupled with a $400 million investment by UPRR.
Friday, April 01, 2011
Carload volume at 299,903 was up 1.9 percent annually and surpassed the week ending March 19 which hit 293,772. Intermodal volumes were up 5.7 percent at 223,034 trailers and containers,
Friday, March 25, 2011
Railroad volumes were up again for both carload and intermodal for the week ending March 19, according to data from the Association of American Railroads (AAR).
Friday, March 18, 2011
Railroad volumes continued trending in the right direction, with volumes up again for both carload and intermodal for the week ending March 12, according to data from the Association of American Railroads (AAR).
Friday, March 11, 2011
Carload volume at 300,953 was up 5.5 percent year-over-year and was ahead of the week ending February 26 at 296,252 and the week ending February 19 at 296,980. Carload volume was up 0.3 percent in the East and up 9.2 percent out West.
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Wednesday, March 09, 2011
While heavy capital expenditures are nothing new for the freight railroad industry, a report released today by the Association of American Railroads (AAR) stated that United States-based freight railroads are planning to spend $12 billion in capital expenditures in 2011, following a $10.7 billion investment in 2010.