Thursday, October 28, 2010

Weekly Rail Traffic Continues Upward Trend

WASHINGTON, D.C. – Oct. 28, 2010 – "The Association of American Railroads (AAR) today reported that weekly rail traffic remains up over 2009 levels with U.S. railroads originating 302,855 carloads for the week ending Oct. 23, 2010, up 9.6 percent compared with the same week last year (see chart).  Intermodal traffic for the week totaled 235,606 trailers and containers, up 13.6 percent compared with the same week a year ago, with container volume up 14.6 percent and trailer volume up 8.2 percent."

MP: Rail traffic continued on an upward trend for the week that ended last Saturday, with both carloads and intermodal traffic registering solid gains versus the same week last year of 9.6% and 13.6% respectively.  The trend lines in the graph above show the steady improvements in both measures of rail traffic over the last 22 months.  Compared to January 2009, carload volume is up by 16.6% and intermodal volume by 26%.  The ongoing gains in the demand for raw materials, inputs and commodities will eventually translate into gains in final output and employment.     

2 Comments:

At 10/28/2010 4:05 PM, Blogger Buddy R Pacifico said...

The AAR reports that weekly rail traffic was 15.6% in the West BUT only 1.6% in the East. That seems to be a big contrast and may be explained by crop harvesting in the West or is something else going on in the East?

 
At 10/28/2010 4:07 PM, Blogger Buddy R Pacifico said...

Correction to my comment: Rail traffic was up 15.6% in the West and up 1.6% in the East for the week.

 

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