AAR reports annual volume gains for week ending July 7 – Supply Chain 24/7

United States rail carload and intermodal volumes posted annual gains for the week ending July 7, according to data released by the Association of American Railroads (AAR) this week.

Rail carloads, at 240,514, were up 5.4% annually, which is below the week ending June 30 at 270,916 and the week ending June 23 at 268,464.

AAR said that nine of the ten carload commodity groups it tracks posted annual gains for the week ending July 7, including: grain, up 3,207 carloads, to 21,299; nonmetallic minerals, up 2,341 carloads, to 35,270; and petroleum and petroleum products, up 1,808 carloads, to 10,257. One commodity group posted a decrease compared with the same week in 2017: coal, down 371 carloads, to 76,562.

Intermodal containers and trailers saw a 12% annual gain to 244,679, which was below the week ending June 30 at 293,327 and the week ending July 23 at 288,876.

Through the first 27 weeks of 2018, AAR reported that U.S. rail carloads are up 1.4% annually at 6,987,928, and intermodal units are up 6.2% at 7,398,236.

cargo-partner sees revenues rise on airfreight growth

Austria-based logistics firm cargo-partner has posted a 2% rise in its consolidated turnover for 2017, at €698m. Net profit for the year totalled €6m.

Chief executive Stefan Krauter said: “We had a successful start into the business year and have achieved volume growths in all our business areas. The general upward trend was further strengthened by the global economic upswing.”

Cargo-partner handled a total of 1,001,500 shipments in 2017, 90,000 more than in the previous year.

The logistics provider’s airfreight volumes rose by 23% to 171,000 tonnes over the 12-month period. Its sea freight and trucking divisions also registered growth, handling 1,831,000 tonnes and 1,018,000 tonnes of cargo respectively.

cargo-partner highlighted several developments that contributed to “substantial growth” in its contract logistics activities. For example, it recently invested in a new 1,500 sq m warehouse in Sofia and expanded its logistics centre in Dunaiska Streda from 7,200 sq m to 14,200 sq m. The latter will grow by a further 4,000 sq m by the end of this year.

 The company has built a new 12,200 sq m iLogistics Centre near Vienna Airport; that facility is set to open this Autumn. This Winter will see the opening of a new 3,000 sq m warehouse in Hong Kong while a 25,000 sq m warehouse in Ljubljana will commence operations in 2019.

New warehouse locations added in 2017 included Hamburg (4,900 sq m), as well as Clarksville, Tennessee and Chicago, Illinois (14,000 sq m each).

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