Mexican intermodal volume rose 5.3 percent year-over-year in the week ending June 1, following six weeks of declines, according to the Association of American Railroads. Volume also increased by 2.2 percent from the week before to 10,060 units.
Combined North American carload volume, including all three North American Free Trade Agreement partners, rose 3.4 percent from the same week in 2012, but slipped 3.8 percent week-to-week, to 360,770 carloads. The total North American carload volume for 2013 year-to-date is 0.4 percent less than in the same period in 2012, at 8,139,410 carloads.
North American intermodal volume fell 8.3 percent week-to-week but increased 6.6 percent from the same week in 2012 to 285,825 trailers and containers. Total intermodal volume for the first 22 weeks of 2013, 6,611,024 units, was 4.2 percent higher than the level seen in the same period in 2012.
U.S. carload volume rebounded 1.6 percent to 269,276 carloads this week, after it declined last week. Volume was down 4.4 percent from the week before. U.S. intermodal volume rose 3.7 percent year-over-year but dropped 10.6 percent from the week before to 221,806 trailers and containers. This is the ninth consecutive week of year-over-year increases, although volume was actually at the lowest level since mid-January.
“Five of the 10 carload commodity groups tracked on a weekly basis posted increases compared with the same week in 2012, led by petroleum and petroleum products, up 40.7 percent. The groups showing a decrease in weekly traffic included grain, down 20.7 percent," the AAR noted in this week’s release.
Canadian carload volume climbed 8 percent year-over-year but slid 2 percent from the previous week to 75,101 carloads. Intermodal traffic reached 53,959 trailers and containers, a 21.1 percent year-over-year jump. It has been experiencing year-over-year increases for the past 9 weeks and double-digit growth in traffic for the past two weeks. It inched up week-to-week by 0.3 percent.
Mexican carload traffic rose for nine straight weeks year-over-year, reaching 16,393 carloads, up 13.6 percent. However, Mexican carload volume was 2.3 percent lower than it was the week before.