UpdateCanada weekly chemical railcar traffic rises 8.1%

25 July 2013 17:54  [Source: ICIS news]

(updates with Canadian and Mexican rail shipment data)

HOUSTON (ICIS)--Chemical shipments on Canadian railroads rose by 8.1% year on year to 10,758 loadings in the week that ended on 20 July, according to data released by a rail industry association on Thursday.

In the previous week, ended 13 July, Canada's chemical railcar loadings rose by 5.6% year on year. From 1 January to 20 July, shipments are up by 7.8% to 333,623, the Association of American Railroads (AAR) said.

The weekly chemical railcar loadings data is seen as an important real-time measure 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 5.2% year on year to 1,544. From 1 January to 20 July, they are up by 14.8% to 41,113.

US chemical railcar traffic increased for the fourth straight week, rising by 0.1% year on year to 29,400 loadings in the week that ended on 20 July.

In the previous week, ended 13 July, US chemical car loadings rose by 3.4% year on year. From 1 January to 20 July, US chemical railcar traffic was down 0.1% to 863,668 loadings.

Meanwhile, overall US weekly railcar loadings for the week that ended on 20 July, in the freight commodity groups tracked by the AAR, fell by 3.0% year on year to 277,933 carloads. Overall weekly Canadian loadings fell by 3.2% to 74,216 while overall Mexican loadings rose by 5.3% to 16,252.

By: Stefan Baumgarten
+1 713 525 2653

AddThis Social Bookmark Button

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.

Printer Friendly

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