The Association of American Railroads (AAR) reported Thursday mixed US rail traffic for the month of February 2014, with carload volume decreasing and intermodal volume increasing compared with February 2013. Intermodal traffic in February totaled 993,807 containers and trailers, up 1.1 percent (10,729 units) compared with February 2013, which represents the 51st-consecutive year-over-year monthly increase for intermodal volume. US carload originations totaled 1,100,858 in February 2014, down 1.1 percent (12,061 carloads) from February 2013.
Nine of the 20 commodity categories tracked by the AAR each month saw year-over-year carload increases in February over the same month last year. Commodities with the biggest carload increases last month included grain, up 12.3 percent or 8,696 carloads, and grain mill products, up 10.1 percent or 3,645 carloads.
Commodity categories with carload declines last month included coal, down 3.5 percent or 15,571 carloads from February 2013, and primary metal products, down 7.2 percent or 3,092 carloads. Excluding coal and grain, carloads were down 5,186 carloads or 0.9 percent in February 2014 over the same month last year.
“It would be nice to be able to separate out the effects of the harsh winter on rail traffic, but we can’t do that. We can probably expect improvements in the rail numbers in the months ahead, assuming that the weather and the economy cooperate,” said AAR Senior Vice President John T. Gray. “In the meantime, crude oil has become a significant part of the railroad business. Railroads know how important it is to move crude oil safely, and they are committed to continually searching for ways to make this happen.”
