22 March 2007 18:00 [Source: ICIS news]
TORONTO (ICIS news)--US chemical railcar traffic rose 1.3% in the week ended 17 March, compared with the same period in 2006, the Association of American Railroads (AAR) said on Thursday.
Chemical railcar loadings for the week totalled 30,132, compared with 29,750 for the same week in 2006, the ?xml:namespace>
Cumulatively, US chemical railcar loadings came to 328,382 for the first 11 weeks of the year, an increase of 0.8% on the same period in 2006.
Analysts consider the weekly statistics to be a good indicator of current chemical industry activity, as railroads transport 22% of chemicals produced in the
Cumulatively, carloads were down 4.7%, to 3.475m, for the first 11 weeks of 2007, compared with 2006.
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