U.S. carloads and intermodal traffic declined for Week 31 (the week ending Aug. 6, 2022), the Association of American Railroads (AAR) reported on Aug. 10, with intermodal dropping more than carload.Traffic also declined cumulatively for the year’s first 31 weeks.
“Rail traffic in July was evenly balanced between commodities with carload gains and those with carload declines,” Association of American Railroads Senior Vice President John T. Gray reported on Aug. 3.
The Surface Transportation Board (STB) has determined that the cost of capital for the railroad industry was 10.37% for 2021.
The Surface Transportation Board (STB) has adopted a final rule “to codify a longstanding voluntary practice” in which Class I railroads, through the Association of American Railroads (AAR), have annually reported tare weight and loss and damage data for use in the STB’s Uniform Railroad Costing System (URCS).
The Association of American Railroads (AAR) announced on July 27 that it has named Norfolk Southern (NS) Director of Fuel Efficiency Jamie Helmer as recipient of the 2022 John H. Chafee Environmental
U.S. rail traffic for the week ending July 23, 2022 (Week 29) was 498,901 carloads and intermodal units, down 0.8% from the same week last year. Total carloads were 232,565, up 1.1%, while U.S. intermodal volume of 266,336 containers and trailers dipped 2.5% compared with the prior-year period, the Association of American Railroads reported on July 27.
The Federal Railroad Administration on July 27 issued a Notice of Proposed Rulemaking (NPRM) on train crew size that basically mandates a minimum of two people in the locomotive cab, with limited exceptions. The Association of American Railroads, echoing many industry observers, is calling the potential rule a politically motivated move with “a complete absence of safety justification.” The NPRM (downloadable below) also applies to most passenger trains that come under FRA jurisdiction.
U.S. rail traffic for the week ending July 16, 2022 (Week 28) was 498,899 carloads and intermodal units, down 2.8% from the same week last year, according to the Association of American Railroads’ July 20 report.
Editor’s Note: Fewer than six hours following Railway Age’s exclusive reporting on a controversial draft bill headed to a July 20 mark-up before the House Transportation & Infrastructure Committee, Chairperson Peter DeFazio (D-Ore.)
The Association of American Railroads (AAR) now has 27 weeks of rail traffic data for 2022 (ending July 9). Total North American carload and intermodal traffic dipped 3.4% from the same point last year—falling 3.1% in the U.S. and 4.4% in Canada, and rising 1% in Mexico.