AAR reports carload and intermodal gains for week ending February 22

By Staff
February 28, 2014 - LM Editorial

Carload and intermodal traffic both saw gains for the week ending February 22 according to data released by the Association of American Railroads (AAR).

Carloads—at 281,678—were up 3.1 percent compared to the same week a year ago and ahead of the weeks ending February 15, February 8, and February 1, which were at 270,632, 261,254, and 270,903, respectively.

Intermodal was up 6.4 percent annually at 253,358 containers and trailers and, like carloads, was also ahead of the previous three weeks that came in at 236,625, 246,114, and 247,109, respectively.

Of the ten main commodity groups tracked by the AAR, six saw annual increases for the week ending February 22.

Grain was up 29.7 percent, and coal was off 3.9 percent.

For the first eight weeks of 2014, carloads are down 0.5 percent at 2,158,748, and intermodal is up 0.9 percent at 1,919382 trailers and containers.



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

The questions for the most recent Semiannual Economic Forecast, which was released last week, included: 1-has the strength of the U.S. dollar had a negative, negligible or positive impact on their organization’s profits?; 2-has the net impact of the depressed prices of oil and related commodities been negative, negligible, or positive for their organization’s profits; and 3-how would they characterize the combined impact of their organization’s profits on the strength of the U.S. dollar and the depressed prices of oil and related commodities.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico dropped 5.8 percent on an annual basis in March to $90.5 billion.

Shippers sourcing their goods out the Port of Oakland’s largest marine terminal will soon need to make an appointment drayage providers before their cargo is released.

U.S. Carloads fell 10.6 percent at 244,290, and intermodal containers and trailers were off 6.5 percent at 262,693.

Now that the deal, which had to clear several regulatory hurdles in multiple countries, is official, FedEx executives were able to speak a little bit more freely, albeit being somewhat guarded in regards to certain integration specifics at the same time.

Article Topics

News · Intermodal · AAR · Carload · All topics

Comments

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


© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA