The Canadian railway industry carried 27.0 million metric tons of freight in July, a 1.8 percent year-over-year decline, according to Statistics Canada.
The drop occurred despite a rise in traffic from the U.S., Canada’s national statistical agency said in a written statement.
Within Canada, combined loadings of non-intermodal freight and intermodal freight decreased 2.5 percent compared with the same month last year to 23.3 million metric tons. Non-intermodal freight loadings declined 3.2 percent year-over-year to 20.7 million metric tons, as key commodities, including iron ores and concentrates, canola, gasoline and aviation turbine fuel and coal, saw decreased activity. Overall, 29 out of 64 commodities carried by Canadian railways declined in July. Commodities that reported growth included fuel oils and crude petroleum, other chemical products and preparations and lumber.
On the other hand, intermodal freight loadings were up 4.1 percent in July, reaching 2.6 million metric tons. The gain resulted from increased containerized cargo shipments and trailers loaded onto flat cars, Statistics Canada explained.
Furthermore, monthly rail freight received from the U.S. rose 2.9 percent to 3.7 million metric tons, marking the highest amount of traffic received for a month of July. The increase was fueled by intermodal loadings, particularly containerized cargo shipments, the agency said.