AAR reports annual carload and intermodal gains for April 2014

By Staff
May 09, 2014 - LM Editorial

Both carload and intermodal volumes headed up on an annual basis in April, according to data released by the Association of American Railroads (AAR) this week.

Carloads in April—at 1,481,586—were up 88,801 carloads or 6.4 percent annually. Of the 20 commodities tracked by the AAR, 14 were up compared to March 2013, with coal up 6.4 percent and grain up 27.6 percent. Metallic ores were down 27 percent, and food products were down 3 percent.

AAR officials said that excluding coal and grain April carloads were up 4.1 percent or 31,616 carloads, which marks the largest percentage gain in six months.

Intermodal volume in April—at 1,316,176 trailers and containers—was up 108,485 units or 9 percent compared to April 2013. The AAR said that April marks the 53rd straight annual monthly volume gain for intermodal volume, adding that the weekly average of 263,235 containers and trailers in April is the highest for any April in history and the second highest month ever based on AAR data.

“April was a good month for rail traffic, as carload and intermodal volume rebounded from disappointing winter months,” said AAR Senior Vice President John T. Gray in a statement.  “As is the case for a number of economic indicators that have shown recent improvement, the key question is how much of the rail traffic increase in April represents a catch-up from the winter and how much is a sign of stronger underlying growth. It’s probably some of both.”

For the week ending May 3, the AAR reported that U.S. carloads at 297,432 were up 4.8 percent annually, and intermodal was up 8.8 percent at 267,369 containers and trailers.

On a year-to-date basis for the first 18 weeks of 2014, the AAR reported carloads were up 2.4 percent at 5,084,325, and intermodal was up 5.3 percent at 4,519,175 containers and trailers.



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

Seasonally-adjusted (SA) for-hire truck tonnage in March was up 1.1 percent on the heels of a revised 2.8 percent (from 3.1 percent) February decline, with the SA index at 133.5 (2000=100). This is off 0.3 percent from the all-time high for the SA of 135.8 from January 2015 and is up 5 percent annually.

Intermodal volume was up 8.1 percent annually at 280,016 containers and trailers. This outpaced the week ending April 11 at 270,463 and the week ending April 4 at 271,127. AAR said this tally marks the second highest weekly output it has ever recorded as well as the first time container and trailer traffic was higher than carloads for a one-week period.

Ocean cargo carrier service reliability across the three core East-West trades hit a five-month peak in March with an aggregate on-time performance of 64 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

The Airforwarders Association, which represents more than 360 companies that move air cargo through the supply chain, today applauded an agreement reached by Congressional leaders to advance legislation giving the President authority to conclude key global trade agreements.

Despite great opportunity for growth, the logistics market in Latin America is lagging behind other emerging markets thanks in part to its notoriety for corruption, violence, poor infrastructure and government bureaucracy.

Article Topics

News · Intermodal · AAR · Carload · All topics

About the Author

Jeff Berman, 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.

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