18 September 2008 17:37 [Source: ICIS news]
US chemical railcar traffic for the week ended 13 September plunged 8.6% from the same week last year, following an 8.9% decline the week before, the AAR said.
“The hurricanes are the most likely reason for the drop in chemical shipments,” said ?xml:namespace>
Chemical railcar loadings for the week totalled 28,162, compared with 30,820 for the same week in 2007, the association said.
The weekly rail shipment data is a good early indicator of current industry activity in US chemicals. Railroads transport more than 20% of the chemicals produced in the
Total chemical railcar loadings in the year-to-date period through to 13 September were up 2.6% year-on-year, to 1,150,382, from 1,120,818 a year ago.
Railcar loadings for all 19 commodities categories tracked by the
Year-to-date to 13 September overall railcar loadings for the 19 categories listed by the AAR were 12.04m, up marginally by 0.1% from the same period of 2007.
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections