Rail carload and intermodal volumes remain mixed, says AAR

By Staff
April 13, 2012 - LM Editorial

Rail carload and intermodal volumes were again mixed for the week ending April 7, according to data from the Association of American Railroads (AAR).

Carload volume—at 270,974—was down 7.7 percent annually and below the week ending March 31 at 286,962 and the week ending March 24 at 278,393, as well as the week ending March 17 at 278,420.

Eastern carloads were down 5.2 percent, and out west carloads were down 9.3 percent.

Intermodal volumes—at 231,153—were up 1.1 percent compared to the same week last year and were below the week ending March 31 at 247,772 and the week ending March 24 at 232,401. It was ahead of the week ending March 17, which recorded 227,138 intermodal units.

Of the 20 commodity groups tracked by the AAR, 9 were up annually. Petroleum products were up 33.3 percent, and primary forest products were up 11.8 percent. Coal was down 16.1 percent, and grain was down 16.6 percent.

Carloads for the first 14 weeks of 2012—at 3,950,064—were down 2.9 percent compared to the first 14 weeks of 2011, and intermodal was up 2.4 percent at 3,159,598 trailers and containers.

Estimated ton-miles for the week at 30.8 billion were down 7.2 percent, and for the year-to-date it was down 2.1 percent at 449.3 billion.



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 PMI, the ISM’s index to measure growth, increased 1.8 percent to 57.1 in July. This is 1.8 percent higher than the 12-month average of 55.3. The PMI has grown in 18 of the last 20 months, with economic activity in the manufacturing sector expanding for the last 14 months as the overall economy was up for the 62nd consecutive month.

YRC Worldwide, whose regional and long-haul units provide the second-largest LTL capacity in the trucking industry, narrowed its second-quarter loss to $4.9 million on $1.32 billion revenue, compared with $15.1 million loss on $1.24 billion revenue in the year-ago quarter.

With NFL training camps in full swing, it stands to reason that Congress must be replete with football fans, given how it basically has elected to punt on federal transportation funding yet again, with the Senate yesterday signing off on a ten-month bill to keep federal surface transportation funding intact through May 2015 through a nearly $11 billion stopgap measure.

Carload volumes were up 4.3 percent at 306,988, and intermodal volume for the week ending July 26 was up 3.3 percent at 264,809

Lyon, France-based Norbert Dentressangle, a $5.5 billion global third-party logistics (3PL) services provider focused on global logistics, transport, ocean, and air services, said today it has acquired Des Moines, Iowa-based Jacobson Companies, a value-added warehousing (VAW) company, for $750 million from private equity firm Oak Hill Capital Partners.

Article Topics

News · Rail Freight · 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