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

UPS today announced diluted earnings per share of $1.32 for the third quarter 2014, a 13.8% improvement over the prior year period. Operating profit increased 8.3%, resulting from balanced growth across all three segments.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 4.4 percent from August 2013 to August 2014 at $100.6 billion.

As expected, global trade dipped from August to September but still saw annual gains, according to data issued this week by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

Transportation and logistics merger and acquisition (M&A) activity in the third quarter saw annual gains, which were driven by smaller deals in the trucking logistics, shipping, and passenger air sectors, according to data issued in the Intersections report by PwC this week.

With the holidays rapidly approaching, it appears retailers are not quite done getting inventory set up and on the shelves in time for what is expected to be a fairly active shopping season. That much was evident based on recent data for September volumes issued by the Port of Los Angeles (POLA) and the Port of Long Beach (POLB).

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