North American intermodal volume for the week ending Aug. 17 increased 3.6 percent year-over-year, according to the Association of American Railroads. This was the seventh straight yearly increase, and volume reached its highest level in 46 weeks.
Combined North American carload volume for the three North American Free Trade Agreement partners totaled 390,103 carloads, climbing 1.2 percent year-over-year and 2.5 percent from the week before. Total North American carload volume for 2013 year-to-date, at 12,258,601 carloads, was 0.3 percent less than in the same period of 2012.
North American intermodal volume for the week ending Aug. 17 inched up 0.7 percent from the previous week to 324,139 trailers and containers. Total intermodal volume for the first 33 weeks of 2013, at 10,065,774 units, was 3.5 percent higher than the level seen in the same period in 2012.
U.S. carload volume in the week ending Aug. 17, at 295,901 carloads, was up 0.5 percent year-over-year, and up 2.5 percent from the week before, following two weeks of year-over-year declines. U.S. intermodal volume reached 256,458 trailers and containers, up 3.7 percent from the year before but edging down 0.6 percent week-to-week.
"Four of the 10 carload commodity groups posted increases compared with the same week in 2012, led by petroleum and petroleum products with 13,098 carloads, up 19.6 percent. Commodities showing a decrease compared with the same week last year included grain with 16,621 carloads, down 8 percent," AAR said in this week’s release.
Canadian carload volume for the week ending Aug. 17 was up 1.7 percent year-over-year, to 78,160 carloads, and up 2.9 percent from the week before. Canadian intermodal volume jumped roughly 5 percent year-over-year this week to 56,541 trailers and containers. Intermodal volume was also up 5.7 percent week-to-week.
Mexican carload traffic rose 11.8 percent this week. Volume, at 16,042 carloads, inched up 0.6 percent week-to-week. Mexican intermodal traffic dropped 6.0 percent year-over-year, its fourth consecutive decline, but jumped 8.3 percent week-to-week in the week ending Aug. 17, to 11,140 containers and trailers, the highest level in 36 weeks.