Thursday, June 17, 2010

Intermodal up 17.7% from '09, closing in on '08

Written by 

The Association of American Railroads reports that for the week ended June 12, intermodal traffic on U.S. railroads totaled 223,075 trailers and containers, up 17.7% from last year and down only 2.3% from pre-recession 2008.

aar_logo.jpg

U.S. carriers originated 288,973 carloads in the latest week, up 10.5% from the comparable week in 2009 but still down still down 10.3% from the same week in 2008.

Sixteen of 19 carload commodity groups were up from last year, led by an 88.9% jump in metals. Strong increases were also seen inmetallic ores, 57%; coke, 49.2%; motor vehicles and equipment, 36.5%; and waste and scrap materials, 32.4%. Groups posting decreases included pulp, paper and allied products, down 7.5%; farm products, down 5.1%; and grain mill products, down 0.7%.

Canadian railroads reported 73,703 carloads for the week, up 28%, and  intermodal volume of 51,334 trailers or containers, up 31.5%.  Mexican railroads reported volume of 15,108 cars, up 22.9% from the same week last year, and 6,655 trailers or containers, up 39.5%.

Total North American rail volume for the first 23 weeks of 2010 on 13 reporting U.S., Canadian, and Mexican railroads came to 8,463,154 carloads, up 10.2% from last year, and 5,940,938 trailers and containers, up 12%.