UpdateCanada weekly chemical railcar traffic falls 8.0%

17 November 2011 20:25  [Source: ICIS news]

(updates with Canadian and Mexican chemical railcar traffic data)

TORONTO (ICIS)--Chemical shipments on Canadian railroads fell 8.0% year on year in the week ended on 12 November – marking their second decline in a row and the fifth so far this year, according to data released by an industry association on Thursday.

Canadian chemical railcar loadings for the week totalled 9,842, down from 10,700 in the same week a year earlier, the Association of American Railroads (AAR) said.

The previous week ended 5 November saw a year-on-year decline of 4.4%.

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 12 November, Canadian chemical railcar shipments were up by 9.3% to 501,443.

The AAR said chemical railcar traffic in Mexico rose by 7.6% year on year to 1,059, from 984 in the same week a year earlier.

Year to date to 12 November, Mexican chemical railcar shipments were up by 6.1% to 52,967.

US chemical railcar traffic fell by 2.1% year on year for the week ended 12 November – the first decline since early September and the fourth fall so far this year.

There were 28,803 chemical railcar loadings last week, compared with 29,414 in the same week in 2010. In the previous week, ended 5 November, US chemical railcar traffic rose by 1.4% year on year.

Meanwhile, overall US weekly railcar traffic for the 19 high-volume freight commodity groups tracked by the AAR rose by 0.5%, to 299,591 carloads.

For all of North America, total railcar traffic for the week ended 12 November rose by 0.1% to 390,415.

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

By: Stefan Baumgarten
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