17 January 2013 18:20 [Source: ICIS news]
(updates with Canadian and Mexican data)
HOUSTON (ICIS)--Chemical shipments on Canadian railroads rose by 9.8% year on year in the week ended 12 January, marking their second straight increase so far this year, according to data released by a rail industry association on Thursday.
Canadian chemical railcar loadings for the week totalled 11,177, compared with 10,177 in the same week in 2012, the Association of American Railroads (AAR) said.
In the previous week ended 5 January, Canadian chemical railcar shipments rose by 14.9%. From 1 to 12 January, chemical railcar loadings are up 12.1% year on year to 20,850.
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 ?xml:namespace>
US chemical railcar traffic fell by 3.1% year on year to 29,696 chemical railcar loadings in the week ended 12 January, marking its second straight decline so far this year.
In the previous week ended ended 5 January US chemical car loadings fell 3.8% year on year. From 1 January to 12 January chemical car loading are down 3.4% year on year to 55,599.
Meanwhile, overall US weekly railcar loadings for the week ended 12 January in the freight commodity groups tracked by the AAR fell by 6.4% year on year to 279,893 carloads.
For all of
Paul Hodges studies key influences shaping the chemical industry in his Chemicals and the Economy Blog
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections