Class I railroad employment was up 0.66 percent in March compared with last year according to the Surface Transportation Board. Top categories were Maintenance-of-Way and Structures, up 1.31 percent, Transportation (train and engine), up 0.68 percent, and Professional and administrative, up 0.16 percent. Categories that declined were Transportation (other than train and engine), down 0.66 percent, Executives, officials, and staff assistants, down 0.60 percent, and Maintenance of equipment and stores down 0.02 percent.
Family Owned. Business Oriented.
Class I Railroad Employment Up
Class I railroad employment was up 0.66 percent in March compared with last year according to the Surface Transportation Board. Top categories were Maintenance-of-Way and Structures, up 1.31 percent, Transportation (train and engine), up 0.68 percent, and Professional and administrative, up 0.16 percent. Categories that declined were Transportation (other than train and engine), down 0.66 percent, Executives, officials, and staff assistants, down 0.60 percent, and Maintenance of equipment and stores down 0.02 percent.
Started on April 22, 1970, Earth Day celebrates the planet Earth and the plants and animals that inhabit, it while reminding us to appreciate it and learn ways to protect our planet. Read More
Weekly Rail Traffic Mixed
For week ending April 13, 2013 the AAR reported carload volume was down 0.6 percent compared with the same week last year, while intermodal volume was up 3.3 percent. Total U.S. rail traffic for the week was up 1.2 percent compared with the same week in 2012.
U.S. carload volume was down 2.4 percent for the first 15 weeks of 2013 compared with the same time period last year, however intermodal volume was up 4.9 percent. For the first 15 weeks of 2013, total U.S. rail volume was up 0.8 percent from last year.
Weekly Rail Traffic Mixed
For week ending April 13, 2013 the AAR reported carload volume was down 0.6 percent compared with the same week last year, while intermodal volume was up 3.3 percent. Total U.S. rail traffic for the week was up 1.2 percent compared with the same week in 2012.
U.S. carload volume was down 2.4 percent for the first 15 weeks of 2013 compared with the same time period last year, however intermodal volume was up 4.9 percent. For the first 15 weeks of 2013, total U.S. rail volume was up 0.8 percent from last year.
Railcar Orders Are Up
According to the Railway Supply Institute’s American Railway Car Institue (ARCI) Committee, railcar orders were up almost 92 percent in first quarter 2013 from comparable deliveries in the first quarter of 2012. However deliveries in the first quarter were down 29 percent compared to last year’s first quarter deliveries.
Tank cars accounted for 81 percent of total railcar orders in the first quarter of 2013, this is the highest number of tank car orders since the ARCI started providing data by car type in the first quarter of 2007. The analysts from KeyBanc Capital Marketing, Steve Barge and Tejas Petal, say the increase may be reflective of both the explosive growth in shale oil production as well as the weak volume environment for other commodity types
Railcar Orders Are Up
According to the Railway Supply Institute’s American Railway Car Institue (ARCI) Committee, railcar orders were up almost 92 percent in first quarter 2013 from comparable deliveries in the first quarter of 2012. However deliveries in the first quarter were down 29 percent compared to last year’s first quarter deliveries.
Tank cars accounted for 81 percent of total railcar orders in the first quarter of 2013, this is the highest number of tank car orders since the ARCI started providing data by car type in the first quarter of 2007. The analysts from KeyBanc Capital Marketing, Steve Barge and Tejas Petal, say the increase may be reflective of both the explosive growth in shale oil production as well as the weak volume environment for other commodity types
Diesel Price Down Four Cents
On April 17th the EIA reported the national average diesel fuel price fell four cents to $3.94 per gallon, 19 cents lower than last year at this time. All regions of the nation had a price decrease, with the largest decrease on the West Coast, where prices dropped five cents to $4.07 per gallon. The average price per gallon of diesel fuel is $3.85 on the Gulf Coast, four cents lower than last week. Both the East Coast and Midwest prices went down three cents to $3.98 per gallon on the East Coast and $3.92 per gallon in the Midwest. The Rocky Mountain price declined two cents to $3.88 per gallon.
Diesel Price Down Four Cents
On April 17th the EIA reported the national average diesel fuel price fell four cents to $3.94 per gallon, 19 cents lower than last year at this time. All regions of the nation had a price decrease, with the largest decrease on the West Coast, where prices dropped five cents to $4.07 per gallon. The average price per gallon of diesel fuel is $3.85 on the Gulf Coast, four cents lower than last week. Both the East Coast and Midwest prices went down three cents to $3.98 per gallon on the East Coast and $3.92 per gallon in the Midwest. The Rocky Mountain price declined two cents to $3.88 per gallon.
NMFC Supplement Brings Changes Effective April 20th
LTL customers will be impacted by changes to the National Motor Freight Classifications (NMFC) 100-AM supplement, which is effective on April 20, 2013, if they ship any of the below products. DALKO Resources would be happy to assist with any questions. Just reach out to your DALKO rep for assistance. Read More
