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Rail Week Ending 28 September 2013: September Total Shipments Are Up

admin by admin
10월 3, 2013
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Econintersect: Week 39 of 2013 ending 28 September 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 even more ignoring coal and grain.

  • Four week rolling average rate of growth (compared with the average one year ago) decelerated marginally, but is better than the 4 week rolling average one year ago;
  • 13 week rolling average rate of growth (compared with the average one year ago) is accelerating, and better than the 13 week rolling average one year ago;
  • 52 week rolling average rate of growth (compared with the average one year ago) is accelerating, and better than the 52 week rolling average one year ago.

This is the ninth week of improving data.

A summary of the data:

The Association of American Railroads (AAR) today reported increased total U.S. rail traffic for the month of September 2013, with intermodal and carload volume increasing overall compared with September 2012. Intermodal traffic in September totaled 1,027,522 containers and trailers, up 4.4 percent (43,055 units) compared with September 2012. The weekly average of 256,881 intermodal units in September was the second-highest monthly average of any month in history.  The three highest-volume intermodal weeks in history for U.S. railroads occurred last month; only the Labor Day holiday prevented it from being the highest-volume intermodal month in history.  Carloads originated in September 2013 totaled 1,159,784, up 0.7 percent or 7,595 carloads compared with the same month last year.

Eleven of the 20 commodity categories tracked by the AAR each month saw year-over-year carload increases in September over the same month last year. Commodities with the biggest carload increases last month included crushed stone, sand, and gravel, up 10.0 percent or 8,253 carloads; motor vehicles and parts, up 12.0 percent or 7,429 carloads; and petroleum and petroleum products, up 10.4 percent or 4,825 carloads.

Commodity categories with carload declines last month included coal, down 2.7 percent or 12,894 carloads from September 2012; and grain, down 11.3 percent or 8,627 carloads.

Excluding coal, total U.S. carloads were up 3.0 percent, or 20,489 carloads, in September compared with September last year. Excluding coal and grain, U.S. carloads were up 4.9 percent, or 29,116 carloads, in September.

“Those who follow the rail industry know that carloads of grain and coal can rise or fall by substantial amounts for reasons that have little or nothing to do with the state of the economy,” said AAR Senior Vice President John T. Gray. “Not so with most other rail traffic categories, however. The fact that rail carloads excluding coal and grain were up 4.9 percent in September — the biggest year-over-year monthly gain since last December — is a hopeful sign.”

AAR today also reported increased rail traffic for the week ending Sept. 28, 2013. U.S. railroads originated 296,809 carloads last week, up 0.5 percent compared with the same week last year, while intermodal volume for the week totaled 269,853 units, up 2.9 percent compared with the same week last year and the highest intermodal total for any week in history.  Total U.S. rail traffic for the week ending September 28 was 566,662 carloads and intermodal units, up 1.6 percent compared with the same week last year.

Five of the 10 carload commodity groups tracked on a weekly basis posted increases compared with the same week in 2012, including: petroleum and petroleum products, up 14.3 percent; nonmetallic minerals and products, up 12.7 percent; and motor vehicles and parts, up 11.9 percent. The groups showing a decrease in weekly traffic included grain, down 19.5 percent.

USA coal production is up 2.7% same week year-over-year, has become a neutral to positive dynamic on rail.

This Week
CarloadsIntermodalTotal
This week Year-over-Year0.5%2.9%1.6%
Ignoring coal and grain3.9%
Year Cumulative to Date-0.9%3.7%1.2%

[click on graph below to enlarge]

Current Rail Chart

/images/z rail1.png

From EIA.gov:

For the week ended September 28, 2013:

  • U.S. coal production totaled approximately 19.7 million short tons (mmst)
  • This production estimate is 2.1 percent higher than last week’s estimate and 2.7 percent higher than the production estimate in the comparable week in 2012
  • Coal production east of the Mississippi River totaled 8.3 mmst
  • Coal production west of the Mississippi River totaled 11.3 mmst
  • U.S. year-to-date coal production totaled 747.4 mmst, 2.2 percent lower than the comparable year-to-date coal production in 2012
  • Steven Hansen

    Source: AAR

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