26 March 2009 15:39 [Source: ICIS news]
TORONTO (ICIS news)--US chemical railcar traffic, a key indicator of the health of the chemicals industry, fell 15.0% in the week ended 21 March from the same week in 2008, marking the 29th straight decline, according to data released on Thursday.
Sequentially, the decline compares with a 22.8% drop in the previous week ended 14 March.
US chemical railcar loadings were 25,547, down from 30,060 in the same week in 2008, the Association of American Railroads (AAR) said.
The weekly shipment data are a good early indicator of current chemical industry activity. Railroads transport more than 20% of the chemicals produced in the ?xml:namespace>
For the year-to-date period through 21 March, US chemical railcar loadings fell 17.7% to 282,256, down from 342,826 in the same period last year.
The AAR also provided comparable chemical railcar shipment data for
Canadian chemical rail traffic for the week ended 21 March dropped 29.0% to 10,896, down from 15,338 in the same week last year.
For the year-to-date period, Canadian shipments were 127,894, a 24.6% decrease from 169,720 in the same period in 2008.
Mexican weekly chemical rail traffic rose 45.6% to 999, up from 686 in the same week a year earlier.
For the year-to-date period, Mexican shipments were 11,605, up 16.7% from 9,943 in the same period last year.
For all of
Year to date to 21 March, North American chemical railcar traffic was 421,755 carloads, down 19.3% from 522,489 in the same period last year.
For all of
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