Rail traffic in US improves in January

Friday, 07 February 2014 01:59:13 (GMT+3)   |   San Diego
       

The Association of American Railroads (AAR) reported Thursday increased total US rail traffic for January 2014, with intermodal and carload volume increasing overall compared with January 2013. Intermodal traffic in January 2014 totaled 1,183,285 containers and trailers, up 1.3 percent (14,682 units) compared with January 2013. The weekly average of 236,657 intermodal units in January is the highest weekly average for any January on record.  US carload traffic totaled 1,345,184 carloads in January 2014, up 0.4 percent (5,183 carloads) over January 2013.
 
Seven of the 20 commodity categories tracked by the AAR each month saw year-over-year carload increases in January over the same month last year. Commodities with the biggest carload increases last month included grain, up 13.2 percent or 12,141 carloads, and petroleum and petroleum products, up 10.4 percent or 6,777 carloads. Crude oil accounts for approximately half of this commodity category.
 
Commodity categories with carload declines last month included metallic ores, down 23.5 percent or 7,389 carloads from January 2013, and motor vehicles and parts, down 6.1 percent or 4,158 carloads.
 
Coal carloads were down 0.5 percent, or 2,901 carloads, in January 2014 from January 2013. Excluding coal, carloads were up 1 percent (8,084 carloads) in January 2014.
 
“Railroads are very good at operating their 140,000 mile long, outdoor ‘factory floor’ in all kinds of difficult weather,” said AAR Senior Vice President John T. Gray. “That said, in many parts of the country, January took the term difficult weather to new lows, as in low temperatures, for recent years. We can’t quantify it precisely, but the extreme cold probably held down rail traffic to some extent – for example, by making it more difficult for rail customers to produce their products and to load what they did produce into rail cars.”

Similar articles

Brazilian high-grade iron price increases

26 Apr | Scrap & Raw Materials

Daily iron ore prices CFR China - April 26, 2024

26 Apr | Scrap & Raw Materials

Major steel and raw material futures prices in China - Apr 26, 2024

26 Apr | Longs and Billet

Kumba Iron Ore’s output and sales down in Q1

26 Apr | Steel News

Net profit declines at Vale in Q1 2024

25 Apr | Steel News

Iron ore imports to Mexico grow 110 percent in February

25 Apr | Steel News

Iron ore prices edge up week on week, further movement awaited after May Day holiday

25 Apr | Scrap & Raw Materials

Major steel and raw material futures prices in China – Apr 25, 2024 

25 Apr | Longs and Billet

Fortescue posts record monthly iron ore shipments in March

25 Apr | Steel News

Daily iron ore prices CFR China - April 24, 2024

24 Apr | Scrap & Raw Materials