Friday, January 08, 2010

Carload traffic still trails, but intermodal gains

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The Association of American Railroads reports that for the holiday week ending Jan. 2, intermodal volume registered an increase, but carload freight remained down in comparison to 2008.

U.S. intermodal traffic totaled 149,128 trailers and containers, up 1.85% from a year ago, though down 9% from 2008.

Railroads originated 227,227 carloads, down 1.5% from the same week in 2008 and down 17.9% from 2007.

Thirteen of the 19 carload freight commodity groups were from with the same week last year, with increases ranging from 2.5% for grain to 53.3% for motor vehicles and equipment. Declines ranged from 24.9% for the catch-all category "all other carloads" to 0.5% for primary forest products.

Total volume on U.S. railroads for the week ending Jan. 2 was estimated at 25.5 billion ton-miles, down 1.2% from the same week last year and down 25.9% from 2008.

Canadian railroads reported volume of 56,608 cars for the week, up 16.9% from last year, and 31,466 trailers and containers, up 7.4%. Mexico's two major railroads reported originated volume of 7,907 cars, up 17.1% from the same week last year, and 3,702 trailers or containers, up 23.3%.