Intermodal Market Trends & Statistics - 2nd Quarter 2017 - 11
First quarter GDP came in at 2.8%
year-over-year in Mexico, but the country
continues to be plagued by high inflation.
The consumer price index reached 6.3% in
June, more than twice the Bank of Mexico
target rate. This prompted Banxico to raise
interest rates to 7.0%. The peso improved
in the spring, but future changes will likely
be tied to NAFTA negotiations, which are
scheduled to begin before Mexico's next
election. Several nationalist candidates are
looking to defeat the incumbent party.
U.S. and Canadian Container Trade
U.S. imports gained 6.7% in the second
quarter, after rising by 3.9% in Q1. This
is considerably above the 4.1% full year
average in 2016. Imports are actually
forecasted to be slightly lower for full
year 2017 than 2016, coming in at 3.9%.
Imports should have another healthy
gain in the third quarter, but could then
slip into negative territory in the last three
months of the year. One reason for the
variation could be comparisons. In 2016,
the Hanjin bankruptcy weakened second
and third quarter growth, and a large
volume of shipments was pushed into the
fourth quarter. Growth this year simply
may not keep pace with last year's jump.
Another possible explanation is consumer
confidence - spending and confidence
have been high, but both are forecasted to
decline by the end of 2017.
U.S. Economic Indicators
16Q2
1.4%
16Q3
3.5%
16Q4
2.1%
17Q1
1.4%
17Q2
3.0%
Merchandise Imports (SAAR)
0.0%
0.5%
10.9%
4.4%
6.5%
Industrial Production - Mfg. (vs. LY)
0.1%
-0.1%
0.5%
0.9%
1.8%
75.5%
75.3%
75.5%
75.8%
76.1%
Retail Sales (Excl. Autos, vs. LY)
2.8%
2.3%
3.5%
5.1%
3.9%
Inventory/Sales Ratio - All Business
1.41
1.40
1.38
1.37
1.37
Housing Starts (Millions, SAAR)
1.16
1.15
1.25
1.24
1.16
Trade Weighted Value $ (1973=100)
96.9
97.8
101.0
101.6
98.9
16Q2
-1.4%
16Q3
4.2%
16Q4
2.7%
17Q1
3.7%
17Q2
2.5%
Imports (SAAR)
1.4%
4.3%
-11.3%
13.7%
4.3%
Exports (SAAR)
-13.6%
9.2%
0.8%
-0.3%
5.9%
-2.3%
0.1%
2.4%
3.9%
7.3%
4.7%
3.5%
5.4%
6.3%
5.3%
Gross Domestic Product (SAAR)
Capacity Utilization - Mfg.
Canadian Economic Indicators
Gross Domestic Product (SAAR)
Industrial Production - Mfg. (vs. LY)
Retail Sales (vs. Last Year)
Housing Starts (Thousands, SAAR)
U.S. $/Canadian $
180.3
185.9
189.7
201.2
189.3
$0.78
$0.77
$0.75
$0.76
$0.74
16Q2
0.2%
16Q3
4.4%
16Q4
2.9%
17Q1
2.7%
17Q2
-2.8%
Imports (SAAR)
-1.3%
12.2%
-2.0%
27.4%
-17.0%
Exports (SAAR)
-8.8%
16.8%
5.6%
18.9%
-4.9%
Industrial Production - Mfg. (vs. LY)
-0.2%
-0.7%
0.0%
-0.3%
-1.5%
$18.09
$18.78
$19.80
$20.32
$18.57
Mexican Economic Indicators
Gross Domestic Product (SAAR)
Mexican Peso / U.S. $
There was some regional variation across
SAAR = Seasonally Adjusted Annual Rate of growth from prior quarter. Some Q2 2017
the United States, but both coasts saw
figures are preliminary estimates.
sizable improvements. The East Coast saw
an outstanding 8.7% jump in imports. The
Both Eastern and Western Canada grew by more than 6.0%
Gulf in particular had 15.5% growth since the
in the first quarter of the year, putting total import growth for
previous year. On the West Coast, growth was a little more
the first quarter at 6.4%.
muted at 4.7% advancement. Northern California fell 3.2%,
making it the only region to see declines since the previous
Mexican imports were similarly strong in Q1, reaching 8.1%
year.
improvement. One likely cause is the improved exchange
Export data for Q2 was not available at the time of
publication. Exports reached 9.3% year-over-year in the first
quarter.
rate. Exports gained 17.0% in the first quarter, though this
is probably because of weak comparisons. Export growth
was negative in the first three months of 2016, improving
afterward.
Intermodal Market Trends & Statistics Report | Second Quarter 2017 | © IANA 2017
11
Table of Contents for the Digital Edition of Intermodal Market Trends & Statistics - 2nd Quarter 2017
Key Take-Aways
Second Quarter 2017 Rail Volume Results
Seasonally Adjusted Intermodal Volume
Key Corridor Results
Key Corridor Growth
Intermodal Outlook
Intermodal Long-Term Trends
Second Quarter 2017 IMC Results
Trucking Industry Outlook
U.S., Canada and Mexico Domestic Economies
Equipment Moves by Type, Ownership and Size
Eastern Canada
Mountain Central
Midwest
Mexico
Northeast
Northwest
South Central
Southeast
Southwest
Western Canada
Major Intermodal Corridors
Data Providers
Region Map
Notes to Report
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - Key Take-Aways
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - Second Quarter 2017 Rail Volume Results
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - 3
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - Key Corridor Results
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - Intermodal Outlook
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - Intermodal Long-Term Trends
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - Second Quarter 2017 IMC Results
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - Trucking Industry Outlook
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - 9
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - U.S., Canada and Mexico Domestic Economies
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - 11
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - Equipment Moves by Type, Ownership and Size
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - Mountain Central
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - Mexico
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - Northwest
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - Southeast
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - Western Canada
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - Major Intermodal Corridors
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - Region Map
Intermodal Market Trends & Statistics - 2nd Quarter 2017 - Notes to Report
https://www.nxtbook.com/nxtbooks/iana/imts_2018q4
https://www.nxtbook.com/nxtbooks/iana/imts_2018q3
https://www.nxtbook.com/nxtbooks/iana/imts_2018q2
https://www.nxtbook.com/nxtbooks/iana/imts_2018q1
https://www.nxtbook.com/nxtbooks/iana/imts_2017q4
https://www.nxtbook.com/nxtbooks/iana/imts_2017q3
https://www.nxtbook.com/nxtbooks/iana/imts_2017q2
https://www.nxtbook.com/nxtbooks/iana/imts_2017q1
https://www.nxtbook.com/nxtbooks/iana/imts_2016q4
https://www.nxtbook.com/nxtbooks/iana/imts_2016q3
https://www.nxtbook.com/nxtbooks/iana/imts_2016q2
https://www.nxtbook.com/nxtbooks/iana/imts_2016q1
https://www.nxtbook.com/nxtbooks/iana/imts_2015q4
https://www.nxtbook.com/nxtbooks/iana/imts_2015q3
https://www.nxtbook.com/nxtbooks/iana/imts_2015q2
https://www.nxtbook.com/nxtbooks/iana/imts_2015q1
https://www.nxtbook.com/nxtbooks/iana/imts_2014q4
https://www.nxtbook.com/nxtbooks/iana/imts_2014q3
https://www.nxtbook.com/nxtbooks/iana/imts_2014q2
https://www.nxtbook.com/nxtbooks/iana/imts_2014q1
https://www.nxtbook.com/nxtbooks/iana/imts_2013q4
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