UpdateCanadian chemical railcar traffic drops first time since 2009

13 October 2011 19:47  [Source: ICIS news]

(updates with Canadian and Mexican chemical railcar traffic data)

TORONTO (ICIS)--Chemical shipments on Canadian railroads fell 1.7% year on year for the week ended on 8 October – marking their first decline since December 2009, according to data released by an industry association on Thursday.

Canadian chemical railcar loadings for the week totalled 10,205, down from 10,377 in the same week a year earlier, the Association of American Railroads (AAR) said.

The previous week ended 1 October saw a year-on-year increase of 12.3%.

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 8 October, Canadian chemical railcar shipments were up by 11.1% to 449,595.

The AAR said chemical railcar traffic in Mexico rose by 21.7% year on year to 1,216, from 999 in the same week a year earlier.

Year to date to 8 October, Mexican chemical railcar shipments were up by 5.9% to 47,555 carloads.

Chemical railcar traffic on US railroads rose by 4.8% year on year for the week ended on 8 October – to 29,323 railcar loadings, from 27,990 in the same week in 2010.

In the previous week, ended 1 October, US chemical railcar traffic rose by 3.2% year on year.

Meanwhile, overall US weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the AAR rose by 2.1% to 302,500 carloads.

For all of North America, total weekly railcar traffic rose by 3.3% to 397,742 carloads.

Paul Hodges studies key influencers shaping the chemical industry in his Chemicals and the Economy Blog

By: Stefan Baumgarten
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