Thursday, March 18, 2010

AAR: Rail traffic up for third consecutive week

Written by 

The Association of American Railroads reported Thursday that U.S. railroad freight traffic was from a year ago during the week ended March 13, the third consecutive week of year-over-year gains.

aar_logo.jpg

The 287,837 carloads originated during the represented anincrease of 3.2% from the comparable week in 2009, but a decrease of 12% from 2008.

Intermodal traffic added up 203,626 trailers and containers, up 15.1% from last year and down 5.9% from 2008.

Total volume for the week was estimated at 31.3 billion ton-miles, up 4.3% from last year but down 9% from 2008.

Thirteen of 19 carload groups showed gains from last year, led by metals, up 54.3%; waste and scrap, up 31.8%; grain, up 21.9%; lumber and wood products, up 19.4%; and chemicals, up 19.3%. Coal loadings were off 5.1%, and pulp, paper, and allied products declined 9.4%.

Canadian railroads reported volume of 74,300 cars for theweek, up 24.5% from last year, and 43,260 trailers or containers, up 10.9%. Mexican railroads reported originated volume of 13,524 cars, up 10.4% from last year, and 7,655 trailers or containers, up 63.3%.

Combined North American volume for the first 10 weeks of 2010 on 13 reporting U.S., Canadian, and Mexican railroads totaled 3,567,229 carloads, up 3.2% from last year, and 2,520,785 trailers and containers, up 8.6% from last year.