UpdateCanada chem railcar traffic rises for 11th straight week

21 March 2013 18:24  [Source: ICIS news]

(updates with Canadian and Mexican data)

HOUSTON (ICIS)--Chemical shipments on Canadian railroads rose by 11.0% year on year to 12,088 railcar loadings in the week ended 16 March, marking their 11th straight weekly increase so far this year, according to data released by a rail industry association on Thursday.

In the previous week, ended 9 March, Canada's chemical railcar loadings rose by 19.6% up year on year. From 1 January to 16 March, shipments were up by 12.0% to 124,944, 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 companies relying exclusively on rail shipments.

The AAR said that weekly chemical railcar loadingin Mexico fell by 15.5% year on year to 1,157. From 1 January to 16 March, they were up by 15.0% to 14,727.

US chemical railcar traffic rose by 1.3% year on year to 30,143 loadings in the week ended 16 March, marking its first increase after four declines in a row.

In the previous week, ended 9 March, US chemical car loadings fell by 3.3% year on year - the fourth straight decline and the ninth decline so far this year. From 1 January to 16 March, US chemical railcar traffic is down 1.5% to 326,895 loadings.

Meanwhile, overall US weekly railcar loadings in the freight commodity groups tracked by the AAR fell by 0.5% year on year to 280,624 in the week ended 16 March. Overall Canadian loadings rose by 2.0% to 79,664, and overall Mexican loadings rose by 8.7% to 15,955.

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


By: Stefan Baumgarten
+1 713 525 2653



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index