North American intermodal volume fell by 5.3 percent year-over-year this week, the first decline since the beginning of January, according to the Association of American Railroads.
In the week ending March 30, combined North American carload volume, including all three North American Free Trade Agreement (NAFTA) partners, fell 1.6 percent from the same week in 2012 to 375,542 carloads, but was up 0.5 percent week-to-week. This decline came after four weeks of year-over-year increases. The total North American carload volume for 2013 year-to-date is down 1.5 percent from the same period in 2012, at 4,770,914 carloads.
North American intermodal volume fell 5.3 percent from the same week in 2012 to 288,553 trailers and containers and was down 1.8 percent from the prior week. Total intermodal volume for the first 13 weeks of 2013, 3,863,824 units, is 5 percent higher than the level seen in the same period in 2012.
U.S. carload volume inched up 0.9 percent over the prior week to 281,367 carloads, but remained down 1.9 percent year-over-year. U.S. intermodal volume fell 1 percent week-to-week and 3.8 percent year-over-year to 233,587 trailers and containers.
Canadian carload volume rose 0.5 percent from the same week in 2012 to 80,227 carloads; it was up 1.4 percent week-to-week. However, Canadian intermodal volume fell 10.5 percent year-over-year and 6.8 percent week-to-week to 47,127 trailers and containers.
Mexican carload volume was down 6.3 percent from the same week in 2012 at 13,948 carloads, which was the first year-over-year decline since the first week of 2013. Intermodal volume dropped 13.9 percent from the same week in 2012 to 7,839 units. Volume was however up 3.3 percent week-to-week.