UpdateCanada weekly chemical railcar traffic rises 1.2%

26 July 2012 20:19  [Source: ICIS news]

(updates with Canadian and Mexican chemical railcar traffic data)

TORONTO (ICIS)--Chemical shipments on Canadian railroads rose by 1.2% year on year for the week ended 21 July, according to data released by a rail industry association on Thursday.

Canadian chemical railcar loadings for the week totalled 9,967, compared with 9,844 in the same week in 2011, the Association of American Railroads (AAR) said.

The previous week, ended 14 July, saw a year-on-year decline of 10.2% 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 21 July, Canadian chemical railcar loadings were down by 6.2% year on year to 309,820.

The AAR said weekly chemical railcar traffic in Mexico rose by 12.3% year on year to 1,484 carloads. From 1 January to 21 July, Mexican chemical railcar loadings were up by 6.2% to 36,065.

US chemical railcar traffic fell by 2.0% year on year for the week ended 21 July, marking its fourth decline in a row.

There were 29,373 chemical railcar loadings last week, compared with 29,974 in the corresponding week of 2011. In the previous week, ended 14 July, US weekly chemical railcar loadings fell by 4.7% year on year.

From 1 January to 21 July, US chemical railcar loadings were down by 1.5% to 864,625, compared with the corresponding period of last year.

Meanwhile, overall US weekly railcar loadings for the freight commodity groups tracked by the AAR fell by 1.9% year on year to 286,254 carloads.

For all of North America, total railcar traffic for the week ended 21 July fell by 0.9% to 378,109 carloads.

By: Stefan Baumgarten
+1 713 525 2653

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