UpdateCanadian weekly chemical railcar traffic rises 11.4%

24 March 2011 16:51  [Source: ICIS news]

(adds Canadian and Mexian chemical rail traffic data)

TORONTO (ICIS)--Chemical shipments on Canadian railroads rose 11.4% in the week ended 19 March compared with the same period in 2010, an industry association said on Thursday.

Canadian chemical railcar loadings were 12,703, up from 11,404 in the same week a year earlier, the Association of American Railroads (AAR) said.

The previous week ended 12 March saw a year-on-year increase of 5.5%.

The weekly chemical railcar loadings data are seen as an important real-time measure of chemical industry activity and demand. Canada’s chemical industry transports two thirds of its annual shipments on the country’s railway system.

Year to date to 19 March, Canadian chemical railcar shipments were up 9.7% to 127,517 from 116,289 in the year-earlier period.

The association said chemical railcar traffic in Mexico rose 34.3% last week to 1,397, from 1,040 in the same week a year earlier.

Year to date to 19 March, Mexican chemical railcar shipments were down 1.7% to 12,190 from 12,395.

Chemical shipments on US railroads rose 6.5% in the week ended 19 March compared with the same period in 2010.

There were 30,618 chemical railcar loadings last week, up from 28,745 loadings in the same week a year earlier.

The previous week ended 12 March saw a year-on-year increase of 6.0%.

Overall, US weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the AAR rose 2.3% to 293,772.

For all of North America, total weekly railcar traffic rose 2.6% to 383,817.

Read Paul Hodges’ Chemicals and the Economy Blog

By: Stefan Baumgarten
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