12 September 2013 19:54 [Source: ICIS news]
(updates with Canadian and Mexican rail shipment data)
HOUSTON (ICIS)--Chemical shipments on Canadian railroads fell by 5.1% year on year to 9,770 loadings in the week ended 7 September, marking their first decline after eight increases in a row, according to data released by a rail industry association on Thursday.
In the previous week, ended 31 August, Canada's chemical railcar loadings rose by 13.6% year on year. From 1 January to 7 September, shipments were up 7.5% to 406,908, 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 fell by 8.5% year on year to 1,180. From 1 January to 7 September, they were up 12.0% to 49,800.
US chemical railcar traffic fell by 0.5% year on year to 27,333 loadings in the week ended 7 September, according to data released on Thursday by a rail industry group.
In the previous week, ended 31 August, US chemical car loadings rose by 8.0%. From 1 January to 7 September, US chemical railcar traffic was up 0.1% to 1,071,785 loadings.
Meanwhile, overall US weekly railcar loadings for the week ended 7 September in the freight commodity groups tracked by the AAR, rose 2.2% year on year to 278,594 carloads. Overall weekly Canadian loadings rose by 1.6% to 77,513 and overall Mexican loadings rose by 2.8% to 14,567.
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