UpdateCanadian weekly chemical railcar traffic rises 18.5%

26 May 2011 19:23  [Source: ICIS news]

(adds Canadian and Mexican chemical railcar shipment data)

TORONTO (ICIS)--Chemical shipments on Canadian railroads rose by 18.5% in the week ended 21 May, compared with the same period in 2010, an industry association said on Thursday.

Canadian chemical railcar loadings totalled 11,724, up from 9,896 in the same week a year earlier, the Association of American Railroads (AAR) said.

The previous week saw a year-on-year increase of 12.1%.

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 21 May, Canadian chemical railcar shipments were up by 10.8% to 233,944.

The AAR said chemical railcar traffic in Mexico rose 25.3% year on year to 1,363 shipments, from 1,088 in the same week a year earlier.

Year to date to 21 May, Mexican chemical railcar shipments were up 5.8% to 24,069.

Chemical shipments on US railroads rose by 3.3% year on year in the week ended 21 May.

There were 29,571 chemical railcar loadings last week, up from 28,622 carloads in the same week in 2010.

In the previous week, US chemical railcar traffic rose by 8.0% year on year. 

Overall, US weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the AAR rose by 2.3% to 295,148 carloads.

For all of North America, total weekly railcar traffic rose by 2.6% to 384,715.

Read Paul Hodges’ Chemicals and the Economy Blog

By: Stefan Baumgarten
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