UpdateCanadian chem railcar traffic falls for third week in a row

27 October 2011 19:48  [Source: ICIS news]

(updates with Canadian and Mexican chemical railcar traffic data)

TORONTO (ICIS)--Chemical shipments on Canadian railroads fell 5.6% year on year for the week ended on 22 October – marking their third decline in a row, according to data released by an industry association on Thursday.

Canadian chemical railcar loadings for the week totalled 10,388, down from 11,008 in the same week a year earlier, the Association of American Railroads (AAR) said.

The previous week ended 15 October saw a year-on-year decrease of 7.3%.

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 22 October, Canadian chemical railcar shipments were up by 10.2% to 470,331.

The AAR said chemical railcar traffic in Mexico rose by 15.2% year on year to 1,102, from 957 in the same week a year earlier.

Year to date to 22 October, Mexican chemical railcar shipments were up by 6.3% to 49,937 carloads.

Chemical railcar traffic on US railroads rose by 2.9% year on year for the week ended on 22 October – to 29,420 chemical railcar loadings, compared with 28,603 in the same week in 2010.

Meanwhile, overall US weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the AAR fell by 0.5% to 301,864 carloads, from 303,401 in the same period a year ago.

For all of North America, total weekly railcar traffic rose by 1.1% to 397,410 carloads as increases in Canada and Mexico more than offset the decline in the US.

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

By: Stefan Baumgarten
+1 713 525 2653

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly