14 February 2013 17:56 [Source: ICIS news]
(updates with Canadian and Mexican data)
HOUSTON (ICIS)--Chemical shipments on Canadian railroads rose by 12.5% year on year to 11,449 railcar loadings in the week ended 9 February, marking their sixth straight increase so far this year, according to data released by a rail industry association on Thursday.
In the previous week, ended 2 February, Canadian chemical railcar shipments rose by 3.8%. From 1 January to 9 February, Canadian chemical railcar loadings were up 10.5% to 64,720, 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 that weekly chemical railcars in ?xml:namespace>
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