Volumes are down on rails for week ending December 8, reports AAR

By Staff
December 14, 2012 - LM Editorial

Railroad volumes were down for the week ending December 8 the Association of American Railroads (AAR) reported this week.

Carload volume—at 292,206—was down 1.6 percent annually and below the week ending December 1 at 305,708 and ahead of the week ending November 24 at 252,931.

Eastern carload volumes were down 0.5 percent annually, and out west carloads were down 2.4 percent.

Intermodal volumes—at 240,098 trailers and containers—were down 0.3 percent compared to the same week a year ago and slightly below the 241,411 recorded from the week of December 1. It was ahead of the week ending November 24 at 194,538.

Of the 20 commodity groups tracked by the AAR, 12 were up annually. Petroleum products were up 63.6 percent, and farm products excluding grain were up 24.8 percent.
Metallic ores were down 24.7 percent, and grain was down 16.7 percent. 

Carloads for the first 49 weeks of 2012—at 13,888,035—were down 3.0 percent compared to the first 49 weeks of 2011, and intermodal was up 3.2 percent at 11,619,432 trailers and containers.

Estimated ton-miles for the week ending December 8 were down 1.7 percent at 34.1 billion, and were down 2.3 percent on a year-to-date basis at 1,600.5 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

For November, which is the most recent month for which data is available, the SCI came in at -3.2. While this is still entrenched in negative territory, it represents an improvement over October and September, which were -5.5 and -6.6, respectively.

Total December shipments––at 1,150,810––were 3 percent better than November and up 5 percent annually. And total 2014 shipments––at 14,092,551––were up 5.61 percent, setting a new record for annual shipments during the time which Panjiva has been collecting this data since 2007.

The biggest story in the energy sector has to be the 30% decline in oil prices since June to a level not seen since the global recession cut a whopping 6% from global consumption back in 2009.

The challenge for air cargo operators to fill capacity, and the confidence to add capacity, remain the same as the demand curve for air freight services recovers.

For the fourth quarter of 2014, UPS said it anticipates adjusted diluted earnings per share of roughly $1.25, with full-year 2014 adjusted diluted earnings per share at $4.75, which represents a 3.9 percent annual gain over 2013’s adjusted earnings per share of $4.57, with full-year 2014 diluted earnings pegged at around $3.28 per share, which is 28.9 percent below 2013’s $4.61.

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 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA