UpdateCanada chem railcar traffic falls for second week in a row

20 October 2011 18:23  [Source: ICIS news]

(updates with Canadian and Mexican chemical railcar traffic data)

TORONTO (ICIS)--Chemical shipments on Canadian railroads fell 7.3% year on year for the week ended on 15 October – marking their second decline in a row, according to data released by an industry association on Thursday.

Canadian chemical railcar loadings for the week totalled 10,348, down from 11,160 in the same week a year earlier, the Association of American Railroads (AAR) said.

The previous week ended 8 October saw a year-on-year decrease of 1.7% - the first decline in Canadian weekly chemical railcar shipments since December 2009.

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 15 October, Canadian chemical railcar shipments were up by 10.6% to 459,943.

The AAR said chemical railcar traffic in Mexico rose by 16.8% year on year to 1,280, from 1,096 in the same week a year earlier.

Year to date to 15 October, Mexican chemical railcar shipments were up by 6.1% to 48,835 carloads.

Chemical railcar traffic on US railroads rose by 0.9% year on year for the week ended on 15 October – to 28,882, compared with 28,617 in the same week in 2010.

In the previous week, ended 8 October, US chemical railcar traffic rose by 4.8% year on year.

Meanwhile, overall US weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the AAR were almost unchanged at 303,363 carloads, compared with 303,334 in the same period a year ago.

For all of North America, total weekly railcar traffic rose by 0.5% to 397,766 carloads.

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

By: Stefan Baumgarten
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