AAR reports gains in carload and intermodal volumes for week ending November 9

By Staff
November 15, 2013 - LM Editorial

Carload and intermodal volumes were up for the week ending November 9, according to data released by the Association of American Railroads (AAR).

Carload volume—at 297,581—was up 4.9 percent annually and ahead of the week ending November 2 at 292,298 and the week ending October 25 at 289,256.

Intermodal—at 265,259 trailers and containers—was up 6.3 percent year-over-year and ahead of the week ending November 2 at 264,264 and the week ending October 25 at 264,687. The AAR said weekly intermodal volumes have seen gains for 19 consecutive weeks.

Total weekly traffic for carloads and intermodal units—at 562,840—was up 5.6 percent annually.

Of the ten main commodity groups tracked by the AAR, eight saw annual increases. Petroleum and petroleum products were up 25.0 percent, and grain was up 21.3 percent. Coal was down 0.6 percent. 

On a year-to-date basis, carloads are down 0.5 percent at 12,681,728 and intermodal is up 4.1 percent at 11,130,624 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

For the fourth quarter of 2014, UPS said it anticipates adjusted diluted earnings per share of roughly $1.25, with full-year 2014 adjusted diluted earnings per share at $4.75, which represents a 3.9 percent annual gain over 2013’s adjusted earnings per share of $4.57, with full-year 2014 diluted earnings pegged at around $3.28 per share, which is 28.9 percent below 2013’s $4.61.

In recently issued research and data, JLL pointed out that its market data indicates rents are on the rise, with companies on the hunt for warehouse and distribution space.

U.S. Carloads were up 0.3 percent annually at 290,963, and intermodal at 260,893 containers and trailers dropped 2.4 percent compared to the same week last year.

Researchers say the ships are operating in international waters with a "worrying lack" of regulation, adding that they could pose a threat to regional peace and stability.

Compared to November, spot market freight volume was up 3.0 percent, according to the DAT North American Freight Index.

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