Mexican carload traffic jumped roughly 15 percent year-over-year in the week ending May 18, according to the Association of American Railroads. This is the highest of this volume seen in 12 weeks.
Combined North American carload volume, including all three North American Free Trade Agreement partners, rose 1.7 percent from the same week in 2012, and 1.8 percent week-to-week, to 381,163 carloads. The total North American carload volume for 2013 year-to-date is 0.6 percent less than in the same period in 2012, at 7,403,569 carloads.
North American intermodal volume was up 1.4 percent week-to-week and 3.4 percent from the same week in 2012 to 315,399 trailers and containers. Total intermodal volume for the first 20 weeks of 2013, 6,013,337 units, was 4 percent higher than the level seen in the same period in 2012.
U.S. carload volume was up 2 percent year-over-year to 285,679 carloads, a third straight week of increases. Volume was also up 1.7 percent from the week before. U.S. intermodal volume jumped 3.5 percent year-over-year and inched up 0.8 percent from the week before to 250,156 trailers and containers.
“Five of the 10 carload commodity groups posted increases compared with the same week in 2012, led by petroleum and petroleum products, up 38 percent. Commodities showing a decrease compared with the same week last year included grain, down 28.3 percent, and metallic ores and metals, down 7.1 percent.,” AAR noted in this week’s release.
Canadian carload volume increased 1.3 percent week-to-week but fell 1.3 percent year-over-year to 79,397 carloads. This was the third consecutive week of yearly declines in carload volume. Canadian intermodal volume was up 4.6 percent year-over-year and 4 percent week-to-week at 55,454 trailers and containers.
Mexican carload traffic rose for a seventh straight week year-over-year to 16,087 carloads. Mexican carload volume was also 5.5 percent higher than it was the week before. Intermodal volume dropped 6 percent, the fifth straight week of year-over-year declines. Volume rose 3.2 percent from the week before to 9,789 units.