U.S. intermodal volume for the week ending Aug. 3 grew 4.8 percent year-over-year, its fifth consecutive week of increases, totaling 255,024 trailers and containers, according to the Association of American Railroads. This jump was the largest in 22 weeks.
Combined North American carload volume for the three North American Free Trade Agreement partners inched up 0.4 percent from the same week in 2012, to 382,061 carloads, but slipped 1.6 percent from the week before. Total North American carload volume for 2013 year-to-date, at 11,487,751 carloads, was 0.4 percent less than in the same period of 2012.
North American intermodal volume for the week ending Aug. 3 inched up 0.2 percent from the previous week and climbed 4.5 percent year-over-year. Total intermodal volume for the first 31 weeks of 2013, at 9,419,889 units, was 3.4 percent higher than the level seen in the same period in 2012.
U.S. carload volume in the week ending Aug. 3, at 287,372 carloads, was down 0.4 percent year-over-year, and also down 3 percent from the week before. Despite the jump in U.S. intermodal volume year-over-year, it still edged down 0.5 percent week-to-week.
"Seven of the 10 carload commodity groups tracked on a weekly basis posted increases compared with the same week in 2012, including petroleum and petroleum products, up 19 percent, and nonmetallic minerals and products, up 11.5 percent. The groups showing a decrease in weekly traffic included grain, down 10.9 percent," AAR said in this week’s release.
Canadian carload volume for the week ending Aug. 3 increased 0.3 percent year-over-year, up to 77,847 carloads, and increased 1.4 percent from the week before. Canadian intermodal volume rebounded from last week’s decline to jump 5.0 percent year-over-year this week to 55,887 trailers and containers. Intermodal volume was also up 3 percent week-to-week.
Mexican carload traffic soared 14.9 percent this week after experiencing an uncharacteristic year-over-year decline last week. Volume, at 16,842 carloads, was also up 6.5 percent week-to-week. Mexican intermodal traffic dropped 4.5 percent year-over-year, but increased 2.6 percent week-to-week in the week ending Aug. 3, to 10,425 containers and trailers.