Canada - In April, Canada's railways posted their worst month in five years for freight car loadings, according to data released by Stats Canada on 26 Jun 2020.
 
The railways carried 30.0 million tonnes of freight during the month of April, down 10 percent from the same time in 2019.
 
It represents the largest year-over-year decrease in five years, excluding last November's rail strike.
 
Stats Canada said this is the first monthly decline in freight that was linked to the activity shutdown in several sectors due to the COVID-19 pandemic.
 
Loadings of iron ore and concentrates fell 20 percent compared with the same period in 2019, continuing a downward trend that began last November.
 
Movements of fuel oil and crude petroleum were down 33.6 percent during the month, driven by low global oil prices, combined with a decrease in freight transportation by road and travel restrictions for the general population.
 
The airline industry was one of the hardest hit by the pandemic.
 
With domestic and international carriers posting drastic decreases in April, demand for gasoline and aviation turbine fuel fell 78.8 percent in railway car loadings.
 
Lumber loadings fell 25 percent during the month, attributed to slowing activity in the construction sector across Canada.
 
Motor vehicle and motor vehicle parts industry saw the largest declines in both exports and imports.
 
The decline in vehicle exports contributed to the drop in automobile and mini-van loadings, which plummeted 91.3 percent.
 
The drops observed in April came as total merchandise trade for this group was already at its lowest level in nearly five years in March.
 
On the other hand, there were considerable increases in freight movement for agricultural products and basic chemical products.
 
Canola loadings were up 18.1 percent, loadings of fresh, chilled, or dried fruit and nuts were up 34.6 percent, and potash loadings increased 11.8 percent.
 
Stats Can said this gain in agricultural product loadings may be related to the fact that agricultural and agri-food operations were deemed an essential service during the pandemic.
 
Author unknown.