UpdateCanada weekly chemical railcar traffic rises 14.9%

10 January 2013 19:04  [Source: ICIS news]

(updates with Canadian and Mexican data)

HOUSTON (ICIS)--Chemical shipments on Canadian railroads rose by 14.9% year on year in the week ended 5 January, according to data released by a rail industry association on Thursday.

Canadian chemical railcar loadings for the week totalled 9,673, compared with 8,419 in the same week in 2012, the Association of American Railroads (AAR) said.

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 Mexico rose by 15.6% year on year to 1,010.

US chemical railcar traffic for the week ended 5 January fell by 3.8% year on year to 25,903 loadings.

Overall US weekly railcar loadings for the week ended 5 January in the freight commodity groups tracked by the AAR fell by 12.1% year on year to 241,682 carloads.

For all of North America, total railcar traffic for the week ended 5 January fell by 10.1% to 318,504.

Paul Hodges studies key influences shaping the chemical industry in his Chemicals and the Economy Blog

By: Stefan Baumgarten
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