AAR reports mixed carload and intermodal volumes for January 2013

By Staff
February 08, 2013 - LM Editorial

The Association of American Railroads (AAR) reported today that carload and intermodal volumes were mixed in January.

January carloads—at 1,339,604—were down 6.3 percent annually. Intermodal—at 1,168,630 trailers and containers—was up 5.3 percent compared to January 2012.

“The New Year brought a continuation of an old pattern; weakness in coal, strength in intermodal and petroleum products, and mixed results for everything else,” said AAR Senior Vice President John Gray in a statement. “Railroads recently announced that they expect to reinvest significantly in 2013—an estimated $24.5 billion for the year—back into their systems. They’re making these investments because they are confident that demand for freight transportation, over the long term, will continue to grow.” 

Of the 20 commodity categories tracked by the AAR, six saw annual gains in January. Petroleum and petroleum products were up 54.1 percent, and crushed stone, sand and gravel were up 6.1 percent. Lumber and wood products were up 14.6 percent. Coal was down 14.5 percent, and grain was down 11 percent.

For the week ending February 2, U.S. carloads came in at 274,000, which was down 3.4 percent annually and ahead of the week ending January 26 at 265,839 and below the week ending January 19 at 277,490.

Eastern carload volumes were down 4.7 percent annually, and out west carloads were down 2.6 percent.

Intermodal volume—at 249,231 trailers and containers—was up 7.2 percent annually and ahead of the week ending January 26 at 238,789 and slightly below the week ending January 19 at 249,397.

For the first five weeks of 2013, U.S. railroads reported cumulative volume of 1,339,604 carloads, down 6.3 percent from the same point last year, and 1,168,630 trailers and containers, up 5.3 percent from last year.



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

Working with research partner, The Economist Intelligence Unit, the IBM Institute for Business Value surveyed 1,023 global procurement executives from 41 countries in North America, Europe and Asia.

U.S. Carloads were down 7.8 percent annually at 259,544, and intermodal volume was off 15.7 percent for the week ending February 21 at 213,617 containers and trailers.

The Department of Transportation’s Bureau of Transportation Logistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in December 2014 was up 5.4 percent annually at $95.8 billion. This marks the 11th straight month of annual increases, according to BTS officials.

While the volume decline was steep, there was numerous reasons behind it, including terminal congestion, protracted contract negotiations between the Pacific Maritime Association and the International Longshore and Warehouse Union, and other supply chain-related issues, according to POLA officials.

Truckload rates for the month of January, which measures truckload linehaul rates paid during the month, saw a 7.9 percent annual hike, and intermodal rates dropped 0.3 percent compared to January 2014, which the report pointed out marks the first annual intermodal pricing decline since December 2013.

Article Topics

News · Rail Freight · Intermodal · AAR · 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