Canadian intermodal volume fell 3.3 percent year-over-year in the week ending June 8, following 10 weeks of increases, according to the Association of American Railroads. The two most recent previous weeks showed 20 and 30 percent jumps. Volume also inched down 0.4 percent from the week before to 53,745 trailers and containers.
Combined North American carload volume, including all three North American Free Trade Agreement partners, fell 2.6 percent from the same week in 2012, but rose 3.3 percent week-to-week, to 372,699 carloads. This followed five weeks of year-over-year increases. The total North American carload volume for 2013 year-to-date is 0.5 percent less than in the same period in 2012, at 8,512,109 carloads.
North American intermodal volume grew 10.7 percent week-to-week and 1.4 percent from the same week in 2012 to 316,454 trailers and containers. Total intermodal volume for the first 23 weeks of 2013, 6,927,478 units, was 4.1 percent higher than the level seen in the same period in 2012.
U.S. carload volume slid 2.8 percent to 278,249 carloads this week. However, volume was up 3.3 percent from the week before. U.S. intermodal volume rose 2.5 percent year-over-year and 14 percent from the week before to 252,641 trailers and containers, putting it at its highest level since mid-January. This is the 10th consecutive week of year-over-year increases.
“Five of the 10 carload commodity groups posted increases compared with the same week in 2012, led by petroleum and petroleum products, up 27.8 percent. Commodities showing a decrease compared with the same week last year included grain, down 22.5 percent.," the AAR noted in this week’s release.
Canadian carload volume dropped 5 percent year-over-year, but rose 3.4 percent from the previous week to 77,667 carloads.
Mexican carload traffic rose for 10 straight weeks year-over-year, reaching 16,783 carloads, up 12 percent. The past four weeks have seen double-digit increases. Volume was also up 2.4 percent from where it was the week before. Mexican intermodal traffic grew 1 percent from the same week last year to 10,068 trailers and containers. This is the second consecutive week of increases after six straight weeks of declines. Intermodal traffic also inched up 0.1 percent week-to-week.