UpdateCanada chem railcar traffic falls for third week in a row
22 December 2011 19:30 [Source: ICIS news]
(updates with Canadian and Mexican chemical railcar traffic data)
?xml:namespace>TORONTO (ICIS)--Chemical shipments on Canadian railroads fell by 4.2% year on year in the week ended on 17 December, marking their third consecutive decline and the eighth decline this year, according to data released by an industry association on Thursday.
Canadian chemical railcar loadings for the week totalled 10,644, down from 11,108 in the same week a year earlier, the Association of American Railroads (AAR) said.
The previous week, ended 10 December, saw a year-on-year decline of 4.9%.
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 17 December, Canadian chemical railcar shipments were up by 8.2% to 554,546.
The AAR said chemical railcar traffic in Mexico rose by 24.5% year on year to 1,149 loadings, from 923 in the same week a year earlier.
Year to date to 17 December, Mexican chemical railcar shipments were up by 7.3% to 58,579.
US chemical railcar traffic fell by 0.3% year on year for the week ended 17 December, marking the fourth decline in a row and the eighth decline so far this year.
There were 28,453 chemical railcar loadings last week, compared with 28,528 in the same week in 2010. In the previous week ended 10 December, US weekly chemical railcar traffic fell by 1.1% year on year.
Meanwhile, overall US weekly railcar traffic for the 19 high-volume freight commodity groups tracked by the AAR rose by 11.7% year on year to 304,377 carloads.
For all of North America, total railcar traffic for the week ended 17 December rose by 10.3% to 395,205.
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