MOSCOW (MRC) -- North American chemical railcar traffic fell for a 22nd straight week, with loadings for the week ended 18 February down 1.7% year on year to 47,253, led by a 3.9% decline in the US, according to the latest freight rail data by the Association of American Railroads (AAR).
For the first seven weeks of 2023 ended 18 February, North American chemical rail traffic was down 4.7% year on year to 311,306 railcar loadings, with US traffic down 8.4%, to 221,076 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, chemical producers rely on rail to ship more than 70% of their products, with some exclusively using rail.
We remind, North American chemical railcar traffic fell for a 21st straight week, with loadings for the week ended 11 February down 2.6% year on year to 46,254, led by a 5.8% decline in the US. For the first six weeks of 2023 ended 11 February, North American chemical rail traffic was down 5.2% year on year to 264,053 railcar loadings, with US traffic down by 9.1%, to 187,166 loadings.