Combined North American carload volume, for the three North American Free Trade Agreement partners, dropped 2.8 percent from the same week in 2012 to 367,713 carloads, but jumped 10.7 percent from the week before. This followed four straight weeks of small yearly increases in carloads. Total North American carload volume for 2013 year-to-date, at 10,350,313 carloads, is 0.4 percent less than in the same period of 2012.
North American intermodal volume reached 312,889 trailers and containers, up roughly 18 percent from volume the week before. It also inched up 0.6 percent year-over-year. Total intermodal volume for the first 28 weeks of 2013, 8,457,253 units, was 3.5 percent higher than the level seen in the same period in 2012.
U.S. carload volume in the week ending July 13 was down 3.1 percent year-over-year, but up 12 percent from the week before, at 277,132 carloads. U.S. intermodal volume showed a slight increase year-over-year, but jumped 20.7 percent week-to-week to 248,201 trailers and containers. This was the largest week-to-week increase in 26 weeks.
“Six of the 10 carload commodity groups posted increases compared with the same week in 2012, led by petroleum and petroleum products, up 19.7 percent. Commodities showing a decrease compared with the same week last year included motor vehicles and parts, down 19.3 percent, and grain, down 10.9 percent," the AAR noted in this week’s release.
Canadian carload volume fell roughly 2.7 percent year-over-year, to 74,961 carloads, but was 9.7 percent above the prior week. This was the third straight yearly decline. Canadian intermodal volume edged up 0.3 percent year-over-year to 54,453 trailers and containers and was up 7 percent week-to-week.
Mexican carload traffic marked its 15th consecutive week of growth, reaching 15,620 carloads, up 4 percent year-over-year, but down 2.6 percent week-to-week. Mexican intermodal traffic fell 5.3 percent year-over-year in the week ending July 13, the largest decline since mid-May. However, it did jump 12.5 percent week-to-week, to 10,235 containers and trailers.