Railroad shipping: AAR reports volumes are up for September 2011

image
By Staff
October 07, 2011 - LM Editorial

The Association for American Railroads (AAR) reported that carload and intermodal volumes in September were up on an annual basis.

September carloads—at 1,195,671—were up 1.1 percent annually. Intermodal—at 949,606 trailers and containers—was up 2.3 percent compared to September 2010. While both categories were up annually, they were down sequentially, with August carload and intermodal volumes reaching 1,482,570 and 1,179,838, respectively.

“Carloads have been closely tracking last year’s levels for six months, and intermodal continues to grow, though more moderately than earlier this year,” said AAR Senior Vice President John T. Gray in a statement. “Rail traffic is consistent with an economy that is probably still growing, but far more slowly than any of us would want.” 

Of the 20 major commodities tracked by the AAR, 13 were up on an annual basis in September. Petroleum and petroleum products were up 16.1 percent, and grain carloads were down 18.2 percent, marking the third consecutive month grain was down.

The AAR reported that rail employment figures saw a bounce in August (the month for which data is most recently available in this category), with 1,191 jobs added. This brings total Class I freight railroad employment to 161,107, said the AAR.

In the month of September, the AAR said that rail car owners brought 11,087 cars out of storage with roughly about 17.1 percent of the North American car fleet remaining in storage.

For the week ending October 1, the AAR said that U.S. railroads hit 312,170 carloads for a 4.7 percent annual increase, which topped the week ending September 24 at 305,133 and the week ending April 2, which hit 305,905 carloads, and had been the highest weekly carload tally since the end of 2008.

Weekly intermodal numbers hit 250,864 trailers and containers for a 4.4 percent gain over last year. This also topped the week ending September 24, which hit 248,402. These two weeks represent the highest weekly totals for intermodal in 2011, coming ahead of the previous weekly high from week 39 of 2007.



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, fell 1.4 percent to 51.5 (a PMI of 50 or greater represents growth), declining for the fifth straight month since reaching 57.9 in October 2014. And it is 4 percent below the 12-month average of 55.5. The March PMI is at its lowest level since May 2013’s 50.1.

How the food giants integrate supply chain operations is one of the most interesting components of the recently-announced merger between H.J. Heinz Co. and The Kraft Foods Group.

The new online offering is entitled “Vessels at a Glance” and is comprised of a daily update that shows all vessels at berth and anchor within POLB, as well as the Port of Los Angeles (POLA). It also includes information relating to vessel arrival and departure dates and length of stay in Long Beach, too, along with weekly updated charts that show the number of vessels at anchor at POLB and POLA that POLB officials said illustrate trends occurring over the last six months.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in January dropped 1.2 percent to $89.3 billion.

Download our new white paper, "The ABCs of HST: Understanding the Harmonized System of Tariffs," for insights and explanations of the complex cross-border classification codes.

Article Topics

News · Intermodal · Rail Freight · 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