The Association of American Railroads (AAR) reported on Wednesday (10-11-23) that total US weekly rail traffic was 499,217 carloads and intermodal units during the week ending October 7th, an increase of 3.0% compared with the same week last year.
For the week ending October 7th, total carloads amounted to 233,768, up 3.6% year-over-year, while US weekly intermodal volume was 265,449 containers and trailers, up 2.5% year-over-year. The AAR reports that 7 of the 10 carload commodity groups posted a year-over-year increase. In regard to forest products, the AAR reports that 7,937 carloads were shipped during the week.
For the first 40 weeks of 2023, US railroads reported a cumulative volume of 9,008,598 carloads, up 0.4% from the same point last year, and 9,594,783 intermodal units, down 7.9% from this week last year. Total combined US traffic for the first 40 weeks of 2023 was 18,603,381 carloads and intermodal units, a decrease of 4.1% compared to this week last year.
Across 12 reporting US, Canadian, and Mexican railroads, North American rail volume for the week ending October 7th totaled 346,637 carloads, up 2.6% year-over-year, and 349,627 intermodal units, up 0.5% year-over-year. North American rail volume for the first 40 weeks of 2023 was a combined 26,066,184 carloads and intermodal units, a decline of 3.6% compared with the same time period in 2022.
Canadian railroads reported cumulative rail traffic volume for the first 40 weeks of 2023 of 6,344,008 carloads, containers, and trailers. This represents a 3.4% year-over-year decline.
Mexican railroads reported cumulative rail traffic volume for the first 40 weeks of 2023 of 1,118,795 carloads, containers, and trailers. This represents a 3.4% year-over-year increase.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.