US weekly chemical railcar traffic rises 4.2%

10 July 2008 16:22  [Source: ICIS news]

TORONTO (ICIS news)--US chemical railcar traffic for the week ended 5 July rose 4.2% from the same week last year, the Association of American Railroads (AAR) said on Thursday.

 

Chemical railcar loadings for the week totalled 29,421 compared with 28,234 for the same week in 2007, the association said.

 

Total chemical railcar loadings in the year-to-date period through to 5 July were 842,105, up 3.1% over 816,509 from the same period in 2007.

 

The AAR did not cite reasons for the increase in weekly chemicals shipments.

 

Rail shipment is a good early indicator of current chemical industry activity. Railroads transport more than 20% of the chemicals produced in the US.

 

Railcar loadings for all 19 commodities tracked by the AAR for the week were 286,242, up 1.1% from 283,247 in the same week of 2007, the association said.

 

Overall railcar loadings for the 19 commodity categories listed by the AAR reached 8.7m year to date, up 0.3% when compared with the same period of 2007.

 

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By: Stefan Baumgarten
+1 713 525 2653

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