UpdateCanadian chemical railcar shipments rise 19.9%

13 January 2011 18:35  [Source: ICIS news]

TORONTO (ICIS)--Chemical shipments on Canadian railroads rose 19.9% last week from the same period a year ago, an industry association said on Thursday.

Canadian chemical railcar loadings for the week ended on 8 January 2011 were 11,160, up from 9,305 in the same week last year, according to data released by the Association of American Railroads (AAR).

The increase for the week came after a 19.4% year-on-year increase in Canadian chemical carloads in the previous week ended 1 January.

The weekly chemical railcar loadings data are seen as an important real-time measure of chemical industry activity and demand. In Canada, chemical railcar traffic accounts for about 20% of overall railcar shipments, compared with around 10% in the US.

The association said that chemical railcar traffic in Mexico fell 16.1% last week to 940, down from 1,120 in the same week a year earlier.

Chemical shipments on US railcars rose 7.9% last week compared with the same period a year earlier.

There were 30,085 chemical railcar loadings in the week ended 8 January 2011, up from 27,891 in the same week a year earlier.

The previous ended 1 January saw a year-on-year rise of 12.1%.

The increase in chemical carloads compares with a 20.1% year-on-year increase in overall US weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the AAR.

For all of North America, total weekly railcar traffic rose 16.1% from the year-earlier week, to 368,809 from 317,575.

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By: Stefan Baumgarten
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