North American chemical rail traffic fell by 1.8% year on year to 44,684 railcar loadings for the week ended 15 October – marking a fourth consecutive decline, according to the latest freight rail data by the Association of American Railroads (AAR).
Increases in Canada and Mexico were more than offset by a 4.4% decline in the US. The four-week average for North American chemical rail traffic was at 46,194 railcar loadings.
For the first 41 weeks of 2022 ended 15 October, North American chemical railcar traffic was up 1.9% year on year to 1,893,950 railcar loadings.
In the US, chemical railcar loadings represent about 20% of chemical transportation by tonnage, with trucks, barges and pipelines carrying the rest. In Canada, producers rely on rail to ship more than 70% of their products, with some exclusively using rail.
Shipments of chemicals, coal, motor vehicles and parts, and nonmetallic minerals rose for the first 41 weeks, while shipments in all other freight railcar categories fell.
We remind, North American chemical rail traffic fell by 7.4% year on year to 42,061 railcar loadings for the week ended 8 October – marking a third consecutive decline. Loadings fell in the US (-8.3%) and Canada (-5.6%) but rose slightly in Mexico.
mrchub.com