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8/24/2023
Total U.S. rail volume continued on a downward spiral in the week ending Aug. 19, with railroads logging a combined 478,853 carloads and intermodal units, down 2.7% compared with the same period in 2022, according to Association of American Railroads data.
Total carloads for the week were 228,972 units, down 0.6%, while intermodal volume was 249,881 containers and trailers, down 4.6%.
Four of the 10 carload commodity groups that AAR tracks every week posted increases. They were: motor vehicles and parts, up 16.7%; petroleum and petroleum products, up 9%; nonmetallic minerals, up 2.3%; and coal, up 2.2%.
Commodity groups that logged decreases included grain, down 18.3%; forest products, down 14.4%; and farm products (excluding grain) and food, down 6.1%.
Meanwhile, Canadian railroads reported 90,149 carloads for the week, up 3.1%, and 71,108 intermodal units, down 12.6%. Mexican railroads hauled 16,279 carloads, up 11.5%, and 8,830 containers and trailers, down 16.2%.
For the first 33 weeks of 2023 compared with the same period in 2022:
• U.S. railroads reported 15,223,832 carloads and intermodal units, down 4.9%;
• Canadian railroads logged 5,204,561 carloads, containers and trailers, down 3%; and
• Mexican railroads posted 926,401 carloads and intermodal units, up 4.9%.