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RAIL EMPLOYMENT & NOTICES



Rail News Home Rail Industry Trends

7/2/2010



Rail News: Rail Industry Trends

AAR: Week No. 25 another good one for North American railroads


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U.S. railroads continued to post strong weekly traffic figures at June’s end. During the week ending June 26, they originated 284,716 carloads, up 11.4 percent, and 227,229 intermodal loads, up 20.5 percent compared with traffic from the same week last year, according to the Association of American Railroads (AAR).
 
Container volume increased 22.1 percent and trailer volume rose 12.3 percent. Intermodal volumes have been stable in recent weeks and momentum has increased ahead of the peak shipping season, according to Robert W. Baird & Co. Inc’s weekly “Rail Flash” report.

“We expect both domestic and international growth to continue given ongoing domestic truckload conversion and economic growth,” Baird analysts said in the report.
 
Meanwhile, Canadian railroads reported weekly carload volume of 70,849 units, up 18.1 percent, and intermodal volume of 46,911 units, up 22.4 percent year over year.  Mexican railroads increased weekly carload volume 20.2 percent to 15,428 units and boosted intermodal volume a whopping 61.7 percent to 7,249 units.
 
Through 2010’s first 25 weeks, 13 reporting U.S., Canadian and Mexican railroads originated 9.2 million carloads, up 10.4 percent, and 6.5 million containers and trailers, up 12.9 percent year over year.

For more AAR traffic data for the week ending June 26 and through 25 weeks, follow this link.