UpdateCanada weekly chemical rail traffic falls for 4th time this year

10 November 2011 19:28  [Source: ICIS news]

(updates with Canadian and Mexican chemical railcar traffic data)

TORONTO (ICIS)--Chemical shipments on Canadian railroads fell by 4.4% for the week ended on 5 November – marking their fourth decline this year, according to data released by an industry association on Thursday.

Canadian chemical railcar loadings for the week totalled 10,400, down from 10,883 in the same week a year earlier, the Association of American Railroads (AAR) said.

The previous week ended 29 October saw a year-on-year increase of 5.8% as Canadian chemical railcar traffic rebounded from three weeks of consecutive declines.

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 5 November, Canadian chemical railcar shipments were up by 9.7% to 491,601.

The AAR said chemical railcar traffic in Mexico fell 0.6% year on year to 1,015, from 1,021 in the same week a year earlier.

Year to date to 5 November, Mexican chemical railcar shipments were up by 6.1% to 51,908.

Chemical railcar traffic on US railroads rose by 1.4% year on year for the week ended on 5 November – to 28,888 chemical railcar loadings from 28,487 in the same week in 2010.

In the previous week, ended 29 October, US chemical railcar traffic rose by 1.6% year on year.

Meanwhile, overall US weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the AAR rose by 3.4% to 298,465 carloads.

For all of North America, total railcar traffic for the week ended 5 November rose by 3.1% to 392,543.

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


By: Stefan Baumgarten
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