Route Transportation & Logistics, Inc. Newsletter 
Toll Free 877-241-7607January 20th, 2012   
In This Issue
Intermodal Traffic Rises
Diesel Rises Again
Industrial Production Rises
Featured Article

 
  Intermodal Traffic Rises 7.4% for Week

U.S. intermodal traffic rose 7.4% for the week ended Saturday from a year ago, the Association of American Railroads reported.

 

Container traffic jumped 8.4% to 197,716 units, while trailer traffic rose 1.3% to 31,375 units.

 

Railroad carloads excluding intermodal rose 5.5% to 298,560 units, AAR said.

Railroad volume is considered an important economic indicator.

 

Intermodal traffic, which tends to be higher-valued merchandise than bulk commodities, uses trains for the long haul and trucks for the shorter distance at either end of the trip

 


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Diesel Rises Again, Gaining 2.6¢ to $3.854
 

Diesel rose for a second week following six straight declines, increasing 2.6 cents to $3.854 a gallon, while gasoline rose less than a penny, the Department of Energy reported this week.

 

The increase followed almost two weeks of $100-plus per-barrel oil, though the price fell under that level late last week.

 

Gasoline gained 0.9 cent to $3.391 a gallon, its fourth straight increase, DOE said following its weekly surveys of filling stations.

 

Crude futures rose $2.01 on the New York Mercantile Exchange Tuesday to finish the trading day at $100.71 per barrel, Bloomberg reported.

 

Diesel had declined 22.7 cents in six straight declines prior to last week's 4.5-cent increase, according to DOE records.

 

Trucking's main fuel is now 44.7 cents over same week last year, while gasoline is 28.7 cents higher, DOE said.

Industrial Production Rises in December

 

Industrial production rose 0.4% in December as

factory output climbed by the most in year, the Federal Reserve said Wednesday.

 

The increase in output from factories, mines and utilities followed a revised 0.3% decline in November.

 

The December reading was lower than economists' projections of a 0.5% increase, Bloomberg reported.

 

Factory production, which makes up three-quarters of the total, climbed 0.9%.

 

Production of automobiles and parts gained 0.6%, while factory production excluding autos rose 0.4%.

Capacity utilization, which measures plant output, improved to 78.1%, from 77.8% in November.

 

Manufacturing accounts for about an eighth of the U.S. economy and the factory sector is one of trucking's largest and most important customers.

 

 

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Email: craig@rtlusa.com