Mexican intermodal volume declined year-over-year for a second week in the week ending June 22, according to the Association of American Railroads. North American intermodal volume overall continued to climb.
Combined North American carload volume, including all three North American Free Trade Agreement partners, inched up 0.5 percent from the same week in 2012 but slipped 0.7 percent week-to-week, to 381,218 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 9,277,359 carloads.
North American intermodal volume edged down 0.1 percent week-to-week but increased 2.4 percent from the same week in 2012 to 318,556 trailers and containers. This is the 12th consecutive week of year-over-year increases, and this week’s volume followed closely with last week’s volume, which was the highest in seven months. Total intermodal volume for the first 25 weeks of 2013, 7,564,831 units, was 3.9 percent higher than the level seen in the same period in 2012.
U.S. carload volume remained flat year-over-year. However, volume was down 0.2 percent from the week before, falling to 288,224 carloads this week. U.S. intermodal volume rose 2.7 percent year-over-year but fell 0.6 percent from the week before to 252,807 trailers and containers.
“Four of the 10 carload commodity groups tracked by AAR on a weekly basis posted increases compared with the same week in 2012, led by petroleum and petroleum products, up 37.2 percent. Commodities showing a decrease compared with the same week last year included grain, down 23.3 percent," the AAR noted in this week’s release.
Canadian carload volume climbed 1.5 percent year-over-year to 76,625 carloads. It was 2.7 percent below the prior week. Canadian intermodal volume rose 2.1 percent this week, rising to 55,283 trailers and containers. This was also up 1 percent from last week’s volume.
Mexican carload traffic rose for 12 straight weeks year-over-year, reaching 16,369 carloads, up 6.8 percent. Volume was down 0.4 percent from where it was the week before. Mexican intermodal traffic dropped 2.8 percent from the same week last year to 10,466 trailers and containers. The past two weeks of declines reflect the overall trend forming over the past 15 weeks. Although the two weeks prior to last week showed positive year-over-year numbers, 11 of the past 15 weeks have been negative. Intermodal traffic increased 7 percent week-to-week.