North American intermodal volume fell 1.4 percent year-over-year in the week ending June 29, according to the Association of American Railroads. North American intermodal volume has been up for the past 12 weeks.
Combined North American carload volume, for the three North American Free Trade Agreement partners, edged up 0.5 percent from the same week in 2012 to 373,482 carloads, but was down 2 percent week-to-week. Total North American carload volume for 2013 year-to-date, at 9,650,841 carloads, is 0.4 percent less than in the same period of 2012.
North American intermodal volume fell to 313,977 trailers and containersin the week ending June 29, down 1.4 percent from volume the week before. Total intermodal volume for the first 26 weeks of 2013, 7,878,808 units, was 3.7 percent higher than the level seen in the same period in 2012.
U.S. carload volume in the week ending June 29 was up 1 percent year-over-year, but down 2.4 percent from the week before, slipping to 281,367 carloads. U.S. intermodal volume fell 1.5 percent year-over-year and 1.2 percent from the week before to 249,673 trailers and containers, its lowest volume since June 1. This also followed 12 weeks 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 26.6 percent. Commodities showing a decrease compared with the same week last year included grain, down 13.8 percent," the AAR noted in this week’s release.
Canadian carload volume in the week ending June 29 fell roughly 4 percent year-over-year to 75,038 carloads, and was 2.1 percent below the prior week. Canadian intermodal volume for the week ending June 29 declined 1.2 percent year-over-year to 53,920 trailers and containers, and was down 2.5 percent week-to-week.
Mexican carload traffic for the week ending June 29 marked the 13th consecutive week of increase, reaching 17,077 carloads, up 14 percent year-over-year and 4.3 percent week-to-week. This was the highest volume since the JOC began collecting this data in January 2012. Mexican intermodal traffic inched down 0.1 percent from the same week last year to 10,384 trailers and containers, the third straight year-over-year drop. Intermodal traffic also slipped 0.8 percent week-to-week.