Week Ending 06 July 2013: Rail Movements Improve

July 12th, 2013
in econ_news, syndication

Econintersect: Week 27 of 2013 ending 06 July shows same week total rail traffic (from same week one year ago) improved according to data released by the Association of American Railroads (AAR). Railcar count is up, and intermodal count is up.

  • Weekly overall data is up, and up ignoring coal and grain;
  • Four week rolling average is declining (seasonally normal), but better than the rolling average one year ago;
  • 13 week rolling average is declining (seasonally normal), but better than the rolling average one year ago;
  • 52 week rolling average is improving, and better than the rolling average one year ago;

Follow up:

A summary of the data:

Five of the 10 carload commodity groups posted increases compared with the same week in 2012, including petroleum and petroleum products, up 36.3 percent, and nonmetallic minerals and products, up 11.6 percent. Commodities showing a decrease compared with the same week last year included motor vehicles and parts, down 13.8 percent.

For the first 27 weeks of 2013, U.S. railroads reported cumulative volume of 7,465,261 carloads, down 1.4 percent from the same point last year, and 6,476,035 intermodal units, up 3.6 percent from last year. Total U.S. traffic for the first 27 weeks of 2013 was 13,941,296 carloads and intermodal units, up 0.9 percent from last year.

USA coal production is down 0.5% 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 2.0% 1.1% 1.6%
Ignoring coal and grain 4.0%
Year Cumulative to Date -1.4% 3.6% 0.9%

[click on graph below to enlarge]

Current Rail Chart

/images/z rail1.pn

From EIA.gov:

For the week ended July 06, 2013:

  • U.S. coal production totaled approximately 18.4 million short tons (mmst)
  • This production estimate is 0.5 percent lower than last week's estimate and 1.7 percent higher than the production estimate in the comparable week in 2012
  • Coal production east of the Mississippi River totaled 6.7 mmst
  • Coal production west of the Mississippi River totaled 11.7 mmst
  • U.S. year-to-date coal production totaled 503.2 mmst, 3.9 percent lower than the comparable year-to-date coal production in 2012
  • Source: AAR

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