November rail and intermodal volumes show annual gains, says AAR

By Jeff Berman, Group News Editor
December 09, 2011 - LM Editorial

Both carload and intermodal volumes saw annual gains in November, according to data from the Association of American Railroads (AAR).

November carloads—at 1,476,635—were up 2.3 percent annually, marking the largest annual gain since last March. And intermodal—at 1,162,249 trailers and containers—was up 3.8 percent compared to November 2010. Both categories were also up sequentially, ahead of October’s 1,215,627 carloads and 975,566 trailers and containers.

“In November, U.S. rail carload traffic saw its highest year-over-year percentage increase in eight months, and year-over-year intermodal traffic grew for the 24th straight month,” said AAR Senior Vice President John Gray in a statement. “There are still clearly a lot of things that aren’t right with the economy, but we hope this improvement in rail traffic is a sign that the pace of economic growth is increasing.” 

The weekly carload average for November was 295,327, which was shy of October’s 303,907. While the average declined sequentially, carloadings increased every week in November, due in part to a number of trucking carriers pushing containerized loads onto rail for portions of their moves to reduce the impact of the driver shortage and tighter truck capacity, according to analysis by Rosalyn Wilson, author of the annual CSCMP State of Logistics report in the most recent Cass Freight Index report.

The weekly intermodal average was 232,450. AAR officials said that marks the third highest intermodal weekly average for any November in history.

At a time when freight transportation volumes are primarily showing flat or modest growth levels, intermodal still is showing very strong growth prospects, with the very likely possibility that the drivers for future intermodal gains are very promising, according to Class I railroad executives.

On a year-to-date basis through November, carloads and intermodal volumes at 14,021,412 and 11,019,041 are up 1.8 percent and 0.8 percent, respectively.

Of the 20 commodities tracked by the AAR, 13 were up year-over-year in November.



About the Author

Jeff Berman headshot
Jeff Berman
Group 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. .(JavaScript must be enabled to view this email address).


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

Company says the Cloud offering allows customers to respond more quickly to new business opportunities, without significant upfront cost and implementation times.

As e-commerce continues to take a bigger piece of the holiday package delivery pie, it stands to reason that companies need to be proactive and prepared in order to deliver premium service during the busiest time of year, which is rapidly approaching. And that is exactly what transportation giants UPS and FedEx are doing this year. How are they doing it exactly? The primary step they are taking is to up their numbers of seasonal staffers.

A recent hearing of the Subcommittee on Coast Guard and Maritime Transportation suggests that the U.S. Merchant Marine industry may be poised for a major comeback.

Spot market freight volumes for the month of August remained elevated compared to seasonal norms, according to data issued this week Portland, Oregon-based freight marketplace platform and information provider DAT.

Factors such as rising freight rates, shrinking capacity, an increased desire for global supply chain visibility, have all worked together to drive the need for instituting a culture of continuous improvement in logistics operations and transportation management systems (TMS). To meet today's complex logistics challenges, managers are stepping into a more streamlined, automated approach to transportation management in order to function at optimal levels both domestically and internationally. Read the latest special report.

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