AAR: Petroleum Carloads Up 14.7% for Week Ended Feb. 28

SECAUCUS, NJ (DTN) – The Association of American Railroads (AAR) reports that petroleum and petroleum product carloads totaled 11,932 during the week ended February 28, up by 14.7% from the same week a year ago.

Year-to-date, petroleum and petroleum products carloads totaled 88,073, up 7.1% from the corresponding period of the prior year, an AAR report published on Wednesday (3/4) showed.

Weekly traffic for the profiled week totaled 516,729, up 1.6% from the same week a year ago.

Total carloads for the week ended February 28 reached 238,131, higher by 6.9% from the same week of last year.

Weekly intermodal volume was 278,598 containers and trailers, down 2.5% from the corresponding week of the prior year.

Year-to-date, U.S. railroads reported carloads at 1,762,504, up 5.5% on the year.

Cumulative intermodal units were 2,191,101, down 1.0% from a year ago.

Total rail traffic for the first seven weeks of the year was 3,953,605 carloads and intermodal units, up 1.8% on the year.