Week Ending 11 May 2013: Total Rail Traffic Again Improves

May 16th, 2013
in econ_news, syndication

Econintersect: Week 19 of 2013 ending 11 May shows same week total rail traffic improved according to data released by the Association of American Railroads (AAR):

  • Four week rolling average is improving (normal for this time of year);
  • 13 week rolling average is improving ( normal for this time of year);
  • 52 week rolling average is improving ( normal for this time of year);

Follow up:

A summary of the data:

"Five of the 10 carload commodity groups posted increases compared with the same week in 2012, led by petroleum and petroleum products, up 50.8 percent. Commodities showing a decrease compared with the same week last year included grain, down 21.3 percent, and farm and food products, excluding grain, down 10 percent.

For the first 19 weeks of 2013, U.S. railroads reported cumulative volume of 5,244,498 carloads, down 1.9 percent from the same point last year, and 4,540,879 intermodal units, up 4.3 percent from last year. Total U.S. traffic for the first 19 weeks of 2013 was 9,785,377 carloads and intermodal units, up 0.9 percent from last year.

USA coal production is up 1.8% same week year-over-year, and coal over the last few months is becoming a neutral to positive dynamic on rail.

This Week
Carloads Intermodal Total
This week Year-over-Year 0.6% 3.9% 2.1%
Ignoring coal and grain 2.7%
Year Cumulative to Date -1.9% 4.3% 0.9%

[click on graph below to enlarge]

Current Rail Chart

/images/z rail1.pn

From EIA.gov:

For the week ended May 11, 2013:

  • U.S. coal production totaled approximately 18.5 million short tons (mmst)
  • This production estimate is 0.2 percent lower than last week's estimate and 1.8 percent higher than the production estimate in the comparable week in 2012
  • Coal production east of the Mississippi River totaled 8.1 mmst
  • Coal production west of the Mississippi River totaled 10.3 mmst
  • U.S. year-to-date coal production totaled 349.7 mmst, 6.6 percent lower than the comparable year-to-date coal production in 2012
  • Source: AAR

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