30 December 2009 19:38 [Source: ICIS news]
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TORONTO (ICIS news)--Chemical shipments on US railroads rose 18.7% last week from the same time last year, marking their tenth increase this year and the seventh in a row, an industry association said on Wednesday.
Chemical railcar loadings for the week ended on 26 December were 21,694, up 3,421 car loads from 18,273 in the same week last year, according to data released by the Association of American Railroads (AAR).
The increase for the week comes after a 13.9% year-over-year increase in the previous week ended on 19 December.
The weekly chemical railcar loadings data are seen as an important measure of chemical industry activity and demand. Railcar loadings represent about 20% of chemical volumes by tonnage, with trucks, barges and pipelines carrying the rest.
The increase in chemical shipments compares with a 1.1% year-over-year decline in overall weekly railcar shipments for the 19 commodity categories tracked by the ?xml:namespace>
Year-to-date to 26 December,
The AAR also provided comparable chemical railcar shipment data for
Canadian chemical rail traffic for the week ended on 26 December rose 29.6% to 11,628 from 8,974 shipments in the same week last year.
For the year-to-date period, Canadian shipments were down 18.2% to 608,143 from 743,588 shipments in the same period in 2008.
Mexican weekly chemical rail traffic rose 17.7% to 989 from 840 in the same week a year earlier.
For the year-to-date period, Mexican shipments were up 23.2% to 56,366 from 45,766 in the same period last year.
For all of
For the year-to-date period, overall North American chemical railcar traffic was down 12.1% to 2,004,288 from 2,278,897 in the year-earlier period.
From the same week last year, total US weekly railcar traffic for the 19 carload commodity categories fell 1.1% to 197,754 and was down 16.3% to 13.6m year to date.
For all of
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