UpdateCanadian weekly chemical railcar traffic rises 1.9%

04 March 2011 18:00  [Source: ICIS news]

(adds Canadian and Mexican chemical rail traffic data)

TORONTO (ICIS)--Chemical shipments on Canadian railroads rose 1.9% in the week ended 26 February compared with the same period in 2010, an industry association said on Friday.

Canadian chemical railcar loadings were 11,928 last week, up from 11,702 in the same week a year earlier, the Association of American Railroads (AAR) said.

The previous week ended 19 February saw a year-on-year increase of 16.4%.

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.

Year to date to 26 February, Canadian chemical railcar shipments were up 10.6% to 91,752 from 82,984 in the year-earlier period.

The association said that chemical railcar traffic in Mexico fell 7.9% last week to 1,158 from 1,258 in the same week a year earlier.

Year to date to 26 February, Mexican chemical railcar shipments were down 12.0% to 8,165 from 9,275.

Chemical shipments on US railroads fell 0.3% in the week ended 26 February compared with the same period in 2010, marking their first decline in six months.

There were 31,129 chemical railcar loadings in the US last week, down from 31,209 loadings in the same week a year earlier.

The previous week ended 19 February saw a year-on-year rise of 5.7%.

Overall US weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the AAR rose 2.4% to 296,252.

For all of North America, total weekly railcar traffic rose 2.1% to 382,342.

Read Paul Hodges’ Chemicals and the Economy Blog

By: Stefan Baumgarten
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