28 June 2012 18:58 [Source: ICIS news](updates with Canadian and Mexican chemical railcar traffic data)
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.
The AAR said weekly chemical railcar traffic in
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.
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