The Association of American Railroads (AAR) has reported that monthly carloads in February 2011 increased 4.2 percent compared with the same month last year, for a total of 1,135,396 carloads. According to AAR’s monthly Rail Time Indicators report, intermodal traffic in February increased 10.3 percent for a total of 881,830 trailers and containers compared with February 2010.
February 2011 marks the twelfth straight month for carload increases and the fifteenth straight month for intermodal traffic increases on a year-over-year basis, showing the continued gradual upward trend in rail traffic. On a seasonally adjusted basis, however, carloads were down 3 percent and intermodal was up 0.1 percent over January 2011.
Rail traffic can be negatively affected by winter storms, and we got some of that in February,” said AAR Senior Vice President John Gray. “That said, U.S. rail carloads have now increased for 12 straight months and intermodal loadings for 15 straight months. Rising consumer confidence, an improving employment picture, and higher manufacturing output are just some of the indicators that, along with rising rail volumes, point to an economy that seems poised to continue to grow in the months ahead.”