04 April 2013 19:23 [Source: ICIS news]
(updates with Canadian and Mexican data)
HOUSTON (ICIS)--Chemical shipments on Canadian railroads rose by 7.6% year on year to 11,947 railcar loadings in the week ended 30 March, marking their 13th straight weekly increase this year, according to data released by a rail industry association on Thursday.
In the previous week, ended 23 March, Canada's chemical railcar loadings rose by 9.2% year on year. From 1 January to 30 March, shipments are up 11.4% to 148,775, 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 by 2.3% year on year to 30,557 loadings in the week ended 30 March, marking its second decline in a row and the 11th decline so far this year.
In the previous week, ended 23 March, US chemical car loadings fell by 0.9% year on year. From 1 January to 30 March,
Meanwhile, overall US weekly railcar loadings for the week ended 30 March in the freight commodity groups tracked by the
Paul Hodges studies key influences shaping the chemical industry in his Chemical and the Economy Blog
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.
|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|
Asian Chemical Connections