Posts Tagged ‘freight statistics’

G&W Carload Traffic Fell in 2nd Quarter

July 17, 2017

Genesee & Wyoming reported a decrease of 0.1 percent in carload traffic in the second quarter of 2017. However, total traffic was up by 14.6 percent worldwide.

G&W’s same-railroad second quarter traffic was 705,940 carloads, a decline of 976 carloads when compared with the second quarter of 2016.

Total traffic was 810,082 carloads, an increase of 103,166 carloads in the second quarter, which included operations in North America, Australia and Europe.

Across its U.S. operations, G&W saw major losses with metallic ore traffic dropping 30.6 percent. Petroleum products fell by 6.1 percent, metals by 3.3 percent, and pulp and paper by 3.2 percent.

Traffic increases came in waste, 24.9 percent; autos and auto parts, 12.7 percent; and minerals and stone, 9.4 percent.

G&W’s same-railroad traffic in June 2017 was 242,763 carloads, a decline of 1,434 carloads (0.6 percent) compared with June 2016.

In the past year, G&W has acquired two short-line railroad companies, the Providence & Worcester and the Heart of Georgia, the latter having been acquired on May 31, 2017.

Coal Posts Impressive February Gains

March 3, 2017

Fueled by rising coal business, U.S. freight traffic in February rose 4.2 percent when compared with February 2016.

AARBut the story of the month was a 19.2 percent increase in coal traffic. The story, though, was not quite it might seem at first glance.

“The 19.2 percent increase in coal carloads in February 2017 was the highest percentage gain for coal since sometime before 1988, when our current record series began,” said AAR Senior Vice President of Policy and Economics John T. Gray. ”While it’s an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms for coal since sometime before 1988.”

Gray said the coal story is representative of the challenges that railroads are facing with changing markets.

“However, these same market changes are offering new opportunities,” he said in a statement. “Over the past 15 years, the industry has worked hard to create a solid foundation to exploit these opportunities.”

February 2017 carload traffic was 044,040, up 6.7 percent or 65,141 carloads from February 2016.

That same month railroads also originated 1,068,439 containers and trailers, up 1.8 percent or 19,350 units from the same month last year.

For February 2017, combined U.S. carload and intermodal originations were 2,112,479, up 4.2 percent or 84,491 carloads and intermodal units from February 2016.

Eleven of the 20 carload commodity categories tracked by the AAR each month saw carload gains compared with February 2016.

These included: coal, up 19.2 percent or 57,589 carloads; crushed stone, gravel, and sand, up 13.1 percent or 10,091 carloads; and primary metal products, up 6.8 percent or 2,357 carloads. Commodities that saw declines in February 2017 from February 2016 included: petroleum and petroleum products, down 12.4 percent or 5,543 carloads; motor vehicles and parts, down 4.8 percent or 3,746; carloads and metallic ores, down 19.1 percent or 2,793 carloads.

Excluding coal, carloads were up 1.1 percent or 7,552 carloads in February 2017 from February 2016.

Indiana Port Sets Quarterly Record

February 7, 2017

The Port of Indiana-Mount Vernon has reported handling a record 2.5 million tons of cargo during the fourth quarter of 2016.

Ports of IndianaThat broke the record set in the fourth quarter of 2014. In a news release, the port said its fourth quarter 2016 volume was 44 percent higher than the previous record and is the highest quarterly volume for any port in Ports of Indiana history.

During 2016, the port handled 6.4 million tons of cargo, an increase of 34 percent from its previous five-year average and its second highest annual tonnage following the record 6.6 million tons in 2015.

The principal cargoes handled in 2016 were coal, grain, soy products, ethanol, dried distiller grains, minerals and fertilizer.

Salt shipments rose 32 percent, while talc and barite — two minerals used in the manufacturing of plastics and other products —were up a combined 23 percent.

In another development, two port companies announced or completed major expansions in 2016.

Consolidated Grain and Barge said it would invest more than $31 million to increase its soybean processing capabilities.

Valero Renewable Fuels, a producer of ethanol and a subsidiary of Valero Energy, completed a multi-million dollar project that provided new corn receiving equipment and a new distiller grain dryer system.

Intermodal Rose 1% in 4th Quarter of 2016

February 7, 2017

Intermodal freight volumes rose 1 percent during the fourth quarter of 2016 when compared with the same period in 2015, the Intermodal Association of North America said.

IANAIANA said in a news release that there were 4.35 million shipments during the fourth quarter, an improvement that occurred “despite an ongoing freight recession that permeated the transportation industry and resulted in lower intermodal volumes during the second and third quarters.”

Shipment declines during the second and fourth quarters resulted in a 2.1 percent decline in intermodal volumes in 2016 when compared with 2015. The total of 17.1 million shipments was the first full-year decline since 2008.

Domestic containers posted a 3.4 percent increase in the quarter. International shipments rose 0.6 percent. Declines continued in the trailer segment, which were down 9.2 percent in the quarter.

The seven highest-density trade corridors — which account for 63.3 percent of total intermodal volume — rose a collective 1.8 percent during the fourth quarter.

The Midwest-Northwest and Northeast-Midwest lanes saw the largest fourth quarter increases at 4.3 percent and 4.2 percent, respectively. Midwest-Southwest volumes, which were the highest, grew 1.4 percent. The South Central-Southwest lane, the only major lane to post a decline, fell 4.4 percent on container losses.