UpdateCanadian weekly chemical railcar traffic rises 21.1%

16 June 2011 21:20  [Source: ICIS news]

(adds Canadian and Mexican chemical railcar shipment data)

TORONTO (ICIS)--Chemical shipments on Canadian railroads rose by 21.1% in the week ended on 11 June compared with the same period in 2010, an industry association said on Thursday.

Canadian chemical railcar loadings for the week totalled 11,085, up from 9,153 in the same week a year earlier, the Association of American Railroads (AAR) said.

The previous week ended 4 June saw a year-on-year increase of 9.9%.

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 11 June, Canadian chemical railcar shipments were up by 11.7% to 267,378.

The AAR said chemical railcar traffic in Mexico fell by 7.4% year on year to 1,055 from 1,139 in the same week a year earlier.

Year to date to 11 June, Mexican chemical railcar shipments were up by 2.8% to 26,936 carloads.

Chemical shipments on US railroads rose by 3.7% year on year in the week ended 11 June.

There were 29,653 chemical railcar loadings last week, up from 28,591 carloads in the same week in 2010.

In the previous week ended 4 June, US chemical railcar traffic rose by 8.1% year on year. 

Overall, US weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the AAR rose by 0.3% to 290,181 carloads.

For all of North America, total weekly railcar traffic rose by 1.0% to 382,266 carloads.

Read Paul Hodges’ Chemicals and the Economy Blog

By: Stefan Baumgarten
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