U.S. intermodal volume for the week ending July 27 grew year-over-year for the fourth consecutive week, totaling 256,379 trailers and containers, according to the Association of American Railroads. The last streak of growth in this lane lasted 12 weeks, prior to a decline in the week of June 29.
Combined North American carload volume for the three North American Free Trade Agreement partners rose 1.8 percent from the same week in 2012, to 388,099 carloads, and climbed 5.3 percent from the week before. This followed two weeks of declining year-over-year traffic. Total North American carload volume for 2013 year-to-date, at 11,106,813 carloads, was 0.4 percent less than in the same period of 2012.
North American intermodal volume for the week ending July 27 inched up 0.1 percent from the previous week and rose 1.1 percent year-over-year. Total intermodal volume for the first 30 weeks of 2013, at 9,098,553 units, was 3.4 percent higher than the level seen in the same period in 2012.
U.S. carload volume in the week ending July 27, at 295,532 carloads, was up 2.5 percent year-over-year, and also up 6.3 percent from the week before. U.S. intermodal volume increased 2.4 percent year-over-year and 1.2 percnet week-to-week to hit its highest level since September 29, 2012.
“Six of the 10 carload commodity groups posted increases compared with the same week in 2012, led by petroleum and petroleum products with 13,076 carloads, up 23.2 percent. Commodities showing a decrease compared with the same week last year included grain with 17,213 carloads, down 7.6 percent," the AAR said in this week’s release.
Canadian carload volume for the week ending July 27 slipped 0.4 percent year-over-year, down to 76,751 carloads, but increased 3.4 percent from the week before. Canadian intermodal volume dropped 2.6 percent year-over-year, the first decrease in four weeks, to 54,271 trailers and containers. Intermodal volume was also down 3.3 percent week-to-week.
Mexican carload traffic fell 1 percent this week after experiencing year-over-year growth for 16 consecutive weeks. Volume slipped to 15,816 carloads, also down 2.7 percent week-to-week. Mexican intermodal traffic dropped 9.4 percent year-over-year and 7.3 percent week-to-week in the week ending July 27, to 10,162 containers and trailers.