UpdateCanada weekly rail chem traffic rises 5.3%

28 June 2012 18:58  [Source: ICIS news]

(updates with Canadian and Mexican chemical railcar traffic data)

TORONTO (ICIS)--Chemical shipments on Canadian railroads rose by 5.3% year on year for the week ended 23 June, according to data released by a rail industry association on Thursday.

Canadian chemical railcar loadings for the week totalled 11,446, compared with 10,874 in the same week in 2011, the Association of American Railroads (AAR) said.

The previous week, ended 16 June, saw a year-on-year decline of 2.8% in chemical railcar shipments.

The weekly chemical railcar loadings data are seen as important real-time measures of chemical industry activity and demand. Canadian chemical producers rely on rail to ship more than 70% of their products, with many firms relying exclusively on rail shipments.

From 1 January to 23 June, Canadian chemical railcar loadings were down by 7.1% year on year to 268,897.

The AAR said weekly chemical railcar traffic in Mexico rose by 7.7% year on year to 1,280 carloads. From 1 January to 23 June, Mexican chemical railcar loadings were up by 2.0% to 30,322.

US chemical railcar traffic rose by 0.7% year on year for the week ended 23 June, to 29,175 carloads. In the previous week, ended 16 June, US chemical railcar loadings rose by 0.8% year on year, marking their first increase after five declines in a row.

From 1 January to 23 June, US chemical railcar loadings were down by 1.0% to 750,665, compared with the corresponding period of last year.

Meanwhile, overall US weekly railcar loadings for the 19 high-volume freight commodity groups tracked by the AAR rose by 1.4% year on year to 288,730 carloads.

F
or all of North America, total railcar traffic for the week ended 23 June was up by 2.2% to 379,822 carloads.


By: Stefan Baumgarten
+1 713 525 2653



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