UpdateCanada chemical railcar traffic falls 18.3% year on year
03 January 2013 20:57 [Source: ICIS news]
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HOUSTON (ICIS)--Canadian chemical railcar traffic fell by 18.3% year on year, a railroad trade group said on Thursday.
?xml:namespace>Canada had 8,499 chemical shipments by rail for the week, down from 10,400 for the same time in 2011.
From 1 January to 29 December, Canada had 542,282 chemical railcar loadings, down 5.7% from 574,939 for the comparable period in 2011.
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.
In Mexico, weekly chemical shipments by rail rose by 6.5% to 1,158, compared with 1,087 for the same time in 2011. From 1 January to 29 December, Mexico had 66,690 chemical railcar loadings, up 8.8% from 61,291 for the same time in 2011.
US chemical railcar traffic fell by 7.3% year on year in the week ended 29 December, the AAR said.
The US had 26,571 chemical railcar loadings during the week, compared with 28,674 during the same time in 2011, the Association of American Railroads (AAR) said.
In the week ended 22 December, US chemical railcar traffic rose by 5.6% year on year.
From 1 January to 29 December, the US had 1.54m chemical railcar loadings, down slightly from 1.55m for the comparable period in 2011.
Overall US weekly railcar loading for the week ended 29 December in the freight commodity groups tracked by the AAR reached 211,921, down 13.8% from 245,733 for the comparable period in 2011.
For North America in the week ended 29 December, total railcar traffic was 282,206, down 12.5% from 322,414 for the same time in 2011. By: Al Greenwood+1 713 525 2645
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