28 March 2013 18:13 [Source: ICIS news]
(updates with Canadian and Mexican data)
HOUSTON (ICIS)--Chemical shipments on Canadian railroads rose by 9.2% year on year to 11,884 railcar loadings in the week ended 23 March, marking their 12th straight weekly increase this year, according to data released by a rail industry association on Thursday.
In the previous week, ended 16 March, Canada's chemical railcar loadings rose by 11.0% year on year. From 1 January to 23 March, shipments were up by 11.7% to 136,828, 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 loadings in ?xml:namespace>
US chemical railcar traffic fell 0.9% year on year to 30,460 loadings in the week ended 23 March, marking its 10th decline so far this year.
In the previous week, ended 16 March, US chemical car loadings rose by 1.3% year on year - the first increase after four declines in a row. From 1 January to 23 March,
Meanwhile, overall US weekly railcar loadings for the week ended 23 March in the freight commodity groups tracked by the
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