UpdateCanada chem railcar traffic rises for 15th week in a row

18 April 2013 19:34  [Source: ICIS news]

(updates with Canadian and Mexican data)

HOUSTON (ICIS)--Chemical shipments on Canadian railroads rose by 1.6% year on year to 12,505 railcar loadings in the week ended 13 April, marking their 15th straight weekly increase this year, according to data released by a rail industry association on Thursday.

In the previous week, ended 6 April, Canada's chemical railcar loadings rose by 12.5% year on year. From 1 January to 13 April, shipments are up 10.7% to 173,243, 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 Mexico rose by 12.5% year on year to 1,650. From 1 January to 13 April, they are up by 13.3% to 20,461.

US chemical railcar traffic fell by 5.7% year on year to 29,609 loadings in the week ended 13 April, marking its 12th decline so far this year.

In the previous week, ended 6 April, US chemical car loadings rose by 6.5% year on year. From 1 January to 13 April, US chemical railcar traffic is down by 1.3% to 447,996 loadings.

Meanwhile, overall US weekly railcar loadings for the week ended 13 April in the freight commodity groups tracked by the AAR fell by 0.6% year on year to 275,675 carloads. Overall Canadian loadings rose by 1.2% to 82,077, and overall Mexican loadings rose by 15.0% to 15,455.

Paul Hodges studies key influences shaping the chemical industry in his Chemical and the Economy blog

By: Stefan Baumgarten
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