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Rail News Home Rail Industry Trends

7/16/2010



Rail News: Rail Industry Trends

AAR weekly report: U.S. roads register holiday-related carload drop


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During the week ending July 10, U.S. railroads’ carload volume of 252,963 units declined 3.5 percent vs. last year’s pace. However, the week included the July 4 holiday while the comparison week from 2009 didn't, according to the Association of American Railroads (AAR).

Still, year-over-year comparison carload figures will continue to get stronger throughout the third quarter, said Robert W. Baird & Co Inc. analysts in their weekly “Rail Flash” report.

“Looking ahead, we would expect third-quarter non-intermodal volume growth to moderate given firming third-quarter 2009 comparisons,” they said.

Meanwhile, U.S. roads’ intermodal volume for the week ending July 10 totaled 192,954 units, up 9.1 percent year over year.

For the week, Canadian railroads reported 69,590 carloads, up 18.5 percent, and 46,561 intermodal loads, up 24.3 percent. Mexican railroads’ weekly carload volume fell 1.9 percent to 11,136 units and intermodal volume declined 2.8 percent to 4,626 units.

Through 2010’s first 27 weeks, 13 reporting U.S., Canadian and Mexican railroads originated 9.9 million carloads, up 10.4 percent, and 7 million containers and trailers, up 13.5 percent year over year.

For more AAR data for the week ending July 10 and through 27 weeks, follow this link.