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
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