UpdateCanada chemical railcar traffic rises for fifth straight week

15 August 2013 19:58  [Source: ICIS news]

(updates with Canadian and Mexican rail shipment data)

HOUSTON (ICIS)--Chemical shipments on Canadian railroads rose by 10.7% year on year to 10,051 loadings in the week ended 10 August, marking their fifth increase in a row, according to data released by a rail industry association on Thursday.

In the previous week, ended 3 August, Canada's chemical railcar loadings rose by 15.0% year on year. From 1 January to 10 August, shipments are up by 8.0% to 364,842, 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 10.3% year on year to 1,408. From 1 January to 10 August, they are up by 13.9% to 45,131.

US chemical railcar traffic rose by 0.6% year on year to 29,692 loadings in the week ended 10 August.

In the previous week, ended 3 August, US chemical car loadings rose by 0.7%. From 1 January to 10 August, US chemical railcar traffic was down 0.2% to 952,801 loadings.

Meanwhile, overall US weekly railcar loadings for the week ended 10 August, in the freight commodity groups tracked by the AAR, fell by 0.2% year on year to 288,803 carloads. Overall weekly Canadian loadings rose by 7.3% to 75,962, and overall Mexican loadings rose by 12.5% to 15,954.

By: Stefan Baumgarten
+1 713 525 2653

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