Thursday, June 03, 2010

Intermodal volume at highest level in 19 months

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The Association of American Railroads said Thursday that intermodal volume on U.S. railroads for the week ended May 29 was the highest since November 2008. The 225,111 trailers and containers hauled in the latest week was  up 35.5% from last year and 10.3% from 2008. Unlike 2008 and 2009, Week 21 of 2010 did not include the Memorial Day holiday.

Carload volume during the week ended May 29 was up 21.9% to 286,665 cars from the corresponding 2009 week but down 8.9% from 2008. All 19 carload commodities increased from 2009 and three were over 2008 levels. Farm products excluding grain posted the most significant increase, up 41.1 % from 2008.

Canadian railroads reported 70,699 carloads for the latest week, up 29.7% from last year, and 46,374 trailers and containers, up 20.6 %.

Mexican railroads  originated 15,390 carloads, up 24.2% percent from the year, and 6,915 trailers and containers, up 37.4%.

Total North American rail volume for the first 21 weeks of 2010 on 13 reporting  railroads was 7,729,358 carloads, up 10.2% from last year, and 5,412,142 trailers and containers, up 11.9%.