UpdateCanada chem rail traffic falls for second week in a row

15 December 2011 20:04  [Source: ICIS news]

(updates with Canadian and Mexican chemical railcar traffic data)

TORONTO (ICIS)--Chemical shipments on Canadian railroads fell by 4.9% year on year in the week ended on 10 December, marking their second consecutive decline and the seventh decline  this year, according to data released by an industry association on Thursday.

Canadian chemical railcar loadings for the week totalled 10,371, down from 10,900 in the same week a year earlier, the Association of American Railroads (AAR) said.

The previous week, ended 3 December, saw a year-on-year decline of 5.5%.

The weekly chemical railcar loadings data are seen as important real-time measures 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 10 December, Canadian chemical railcar shipments were up by 8.5% to 543,902.

The AAR said chemical railcar traffic in Mexico rose by 5.1% year on year to 1,092 loadings, from 1,039 in the same week a year earlier.

Year to date to 10 December, Mexican chemical railcar shipments were up by 7.0% to 57,430.

US chemical railcar traffic fell by 1.1% year on year for the week ended 10 December, marking the third decline in a row and the seventh decline so far this year.

There were 28,049 chemical railcar loadings last week, compared with 28,362 in the same week in 2010. In the previous week ended 3 December, US chemical railcar traffic fell by 3.8% year on year.

Meanwhile, overall US weekly railcar traffic for the 19 high-volume freight commodity groups tracked by the AAR rose by 3.7% year on year to 297,400 carloads.

For all of North America, total railcar traffic for the week ended 10 December rose by 3.0% to 386,663.

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

By: Stefan Baumgarten
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