UpdateCanada weekly chemical railcar traffic rises 2.3%

23 November 2011 21:47  [Source: ICIS news]

(updates with Canadian and Mexican chemical railcar traffic data)

TORONTO (ICIS)--Chemical shipments on Canadian railroads rose 2.3% year on year in the week ended on 19 November, rebounding after two declines in a row, according to data released by an industry association on Wednesday.

Canadian chemical railcar loadings for the week totalled 10,458, up from 10,225 in the same week a year earlier, the Association of American Railroads (AAR) said.

The previous week ended 12 November saw a year-on-year decline of 8.0% in Canadian chemical railcar shipments, marking the fifth decline so far this year.

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 19 November, Canadian chemical railcar shipments were up by 9.2% to 511,901.

The AAR said chemical railcar traffic in Mexico rose by 32.3% year on year to 1,147, from 867 in the same week a year earlier.

Year to date to 19 November, Mexican chemical railcar shipments were up by 6.6% to 54,144.

US chemical railcar traffic rose 1.4% year on year for the week ended 19 November, rebounding from a decline in the previous week

There were 28,928 chemical railcar loadings last week, compared with 28,528 in the same week in 2010.

In the previous week, ended 12 November, US weekly chemical railcar traffic fell by 2.1% year on year, marking its fourth decline so far this year.

Meanwhile, overall US weekly railcar traffic for the 19 high-volume freight commodity groups tracked by the AAR rose by rose by 1.1% year on year, to 301,919 carloads.

For all of North America, total railcar traffic for the week ended 19 November rose by 1.4% to 392,947.

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

By: Stefan Baumgarten
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