>

Week Ending 02 March 2013: Total Rail Traffic Continues to Strengthen

March 7th, 2013
in econ_news, syndication

Econintersect: Week 09 of 2013 ending March 02 shows same week total rail traffic above 2012 levels according to data released by the Association of American Railroads (AAR):

  • Four week rolling average is improving;
  • 13 week rolling average is degraded;
  • 52 week rolling average is improving.

Follow up:

A summary of the data:

“AAR today also reported gains in rail traffic for the week ending March 2, 2013.  U.S. railroads originated 283,819 carloads last week, up 0.2 percent compared with the same week last year, while intermodal volume for the week totaled 249,238 units, up 9.7 percent compared with the same week last year.  Total U.S. traffic for the week ending March 2 was 533,057 carloads and intermodal units, up 4.4 percent over the same week last year.

Five of the 10 carload commodity groups posted increases compared with the same week in 2012, led by petroleum products, up 69.5 percent. The groups showing a decrease in weekly traffic were led by grain, down 22.2 percent.

USA coal production is down 4.7% same week year-over-year, and the cumulative effect on rail carloads continues to drag traffic down.

This Week
Carloads Intermodal Total
This week Year-over-Year 0.2% 9.7% 4.4%
Ignoring coal and grain 7.1%
Year Cumulative to Date -4.0% 7.6% 1.1%

[click on graph below to enlarge]

Current Rail Chart

/images/z rail1.pn

From EIA.gov:

For the week ended March 02, 2013:

  • U.S. coal production totaled approximately 19.4 million short tons (mmst)
  • This production estimate is 1.4 percent higher than last week's estimate and 4.7 percent lower than the production estimate in the comparable week in 2012
  • Coal production east of the Mississippi River totaled 8.5 mmst
  • Coal production west of the Mississippi River totaled 10.9 mmst
  • U.S. year-to-date coal production totaled 165.3 mmst, 11.9 percent lower than the comparable year-to-date coal production in 2012

    Source: AAR









  • Make a Comment

    Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

    To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.















    Proud contributor to:


    Finance Blogs
    blog

    Econintersect Website Search:

    Free PageRank Checker Active Search Results Google+

    This Web Page by Steven Hansen ---- Copyright 2010 - 2015 Econintersect LLC - all rights reserved