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Rail News: Rail Industry Trends
8/10/2010
Rail News: Rail Industry Trends
AAR: Seasonally adjusted data shows incremental U.S. traffic gains in July
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Last month, U.S. rail carloads increased 4.1 percent compared with July 2009 volume but decreased 14.6 percent compared with July 2008 traffic, according to the Association of American Railroads’ (AAR) “Rail Time Indicators Report” for August.
Likewise, monthly U.S. intermodal volume jumped 17.3 percent compared with July 2009’s total but fell 5.1 percent vs. July 2008’s level.
On a seasonally adjusted basis, carloads climbed 3.2 percent and intermodal volume rose 2.4 percent from June totals.
“We typically see a lull in some categories of traffic this time of year, so looking at seasonally adjusted data may be more helpful in gauging rail traffic this month,” said AAR Senior Vice President John Gray in a prepared statement. “Coal and autos are the two commodities most often affected by seasonal issues in July, and both saw seasonally adjusted traffic gains last month.”
The Rail Time Indicators Report also shows that railroads brought 5,808 rail cars out of storage last month, leaving 359,471 cars — or about 23.4 percent of the North America rail-car fleet — inactive as of July’s end.
Likewise, monthly U.S. intermodal volume jumped 17.3 percent compared with July 2009’s total but fell 5.1 percent vs. July 2008’s level.
On a seasonally adjusted basis, carloads climbed 3.2 percent and intermodal volume rose 2.4 percent from June totals.
“We typically see a lull in some categories of traffic this time of year, so looking at seasonally adjusted data may be more helpful in gauging rail traffic this month,” said AAR Senior Vice President John Gray in a prepared statement. “Coal and autos are the two commodities most often affected by seasonal issues in July, and both saw seasonally adjusted traffic gains last month.”
The Rail Time Indicators Report also shows that railroads brought 5,808 rail cars out of storage last month, leaving 359,471 cars — or about 23.4 percent of the North America rail-car fleet — inactive as of July’s end.
