03 November 2011 19:23 [Source: ICIS news]
(updates with Canadian and Mexican chemical railcar traffic data)
Canadian chemical railcar loadings for the week totalled 10,870, up from 10,277 in the same week a year earlier, the Association of American Railroads (AAR) said.
The previous week ended 22 October saw a year-on-year decrease of 5.6%.
The weekly chemical railcar loadings data are seen as an important real-time measure of chemical industry activity and demand.
Year to date to 29 October, Canadian chemical railcar shipments were up by 10.1% to 481,201.
The AAR said chemical railcar traffic in
Year to date to 29 October, Mexican chemical railcar shipments were up by 6.7% to 51,116.
Chemical railcar traffic on US railroads rose by 1.6% year on year for the week ended on 29 October – to 30,047 chemical railcar loadings, from 29,584 in the same week in 2010.
In the previous week, ended 22 October,
Meanwhile, overall US weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the
For the month of October, overall carloads were up 1.7% year on year to 1,215,627 – marking the highest weekly carload average of any month since October 2008, the
“While there is clearly room for improvement, October rail traffic appears to indicate that we are still in a slowly growing economy,” said
“Things can change quickly, of course, and the growth rates are certainly not as robust as we would like to see, but we at least appear to be headed in the right direction,” Gray said in commenting on the
For all of
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