11 April 2013 18:55 [Source: ICIS news]
(updates with Canadian and Mexican data)
HOUSTON (ICIS)--Chemical shipments on Canadian railroads rose by 12.5% year on year to 11,963 railcar loadings in the week ended 6 April, marking their 14th straight weekly increase this year, according to data released by a rail industry association on Thursday.
In the previous week, ended 30 March, ?xml:namespace>
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
US chemical railcar traffic rose by 6.5% year on year to 30,475 loadings in the week ended 6 April.
In the previous week, ended 30 March, US chemical car loadings fell by 2.3% year on year – the second decline in a row and the 11th decline so far this year. From 1 January to 6 April,
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