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7/20/2023
The U.S. rail volume decline is continuing, with railroads logging a combined 2.4% decrease in carloads, containers and trailers for the week ending July 15 compared with the same week in 2022, according to Association of American Railroads data.
Total carloads for the week ticked up 0.9% to 225,609 units, while intermodal volume tumbled 5.3% to 252,544 containers and trailers. Combined, the railroads logged 478,153 carloads and intermodal units for the week.
Seven of the 10 carload commodity groups that AAR tracks every week posted increases. They included motor vehicles and parts, up 14.2%; nonmetallic minerals, 4.4%; and petroleum and petroleum products, 6.3%.
Commodity groups that posted decreases were grain, down 10.7%, and forest products, down 7.8%. Coal registered 0.0% for the week.
Meanwhile, Canadian railroads reported 87,054 carloads, a 1.2% increase, and 49,682 intermodal units, a 36.3% decrease. Mexican railroads reported 17,302 carloads, no change from the previous week, and 11,434 intermodal units, a 4.6% decrease.
For the first 28 weeks of 2023 compared with the same period in 2022:
• U.S. railroads reported 12,843,326 carloads and intermodal units, down 5.2%;• Canadian railroads logged 4,408,662 carloads, containers and trailers, down 2.7%; and • Mexican railroads posted 776,368 carloads, containers and trailers, up 3.8%.