Mexican intermodal rail volume fell sharply both week-to-week and year-over-year last week, according to the Association of American Railroads.
In the week ending March 23, combined North American carload volume, including all three North American Free Trade Agreement partners, rose 1 percent from the same week in 2012 to 373,858 carloads. However, carload volume was down 0.6 percent from the prior week. The total North American carload volume for 2013 year-to-date is down 1.4 percent from the same period in 2012, at 4,395,372 carloads. North American intermodal volume inched up 0.2 percent from the same week in 2012 to 293,815 trailers and containers and rose 2.3 percent from the prior week. Total intermodal volume for the first 12 weeks of 2013, 3,575,271 units, is 6 percent higher than the amount seen in the same period in 2012.
U.S. carload volume edged down 0.7 percent week-to-week to 278,738 carloads, but remained up 0.2 percent year-over-year. U.S. intermodal volume rose 3 percent over the prior week and 1.4 percent year-over-year to 235,641 trailers and containers.
The week’s Canadian carload volume rose 2 percent from the same week in 2012 to 79,130 carloads, but was down 0.7 percent from the week before. Canadian intermodal volume dipped 2.2 percent year-to-year to 50,589 trailers and containers, but volume was up 1.4 percent from the previous week.
Mexican carload volume was up 12.7 percent from the same week in 2012 at 15,990 carloads, and up 0.2 percent from the previous week as well. Intermodal volume dropped 15.5 percent year-over-year, however, to 7,585 units. Volume was also down 11.6 percent from the previous week. This is the fourth consecutive week-to-week intermodal drop, with volume down 29 percent during this slump.