Thursday, June 17, 2010

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

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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.

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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%.