09 August 2012 18:39 [Source: ICIS news](updates with Canadian and Mexican chemical railcar traffic data)
Canadian chemical railcar loadings for the week totalled 9,372, compared with 9,859 in the same week in 2011, the Association of American Railroads (AAR) said.
The previous week, ended 28 July, saw a year-on-year decline of 11.3% 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.
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The AAR said weekly chemical railcar traffic in
US chemical railcar traffic rose by 3.3% year on year for the week ended 4 August, marking its first increase after five declines in a row.
There were 29,960 chemical railcar loadings last week, compared with 29,003 in the corresponding week of 2011. In the previous week, ended 28 July, US weekly chemical railcar loadings fell by 0.7% year on year - the fifth decline in a row and the 20th decline so far this year.
From 1 January to 4 August, US chemical railcar loadings were down by 1.3% to 924,850 compared with the corresponding period of last year.
Meanwhile, overall US weekly railcar loadings for the freight commodity groups tracked by the AAR rose by 0.4% year on year to 288,229 carloads.
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