25 September 2008 16:48 [Source: ICIS news]
TORONTO (ICIS news)--Plant outages and supply disruptions along the Texas Gulf coast due to Hurricane Ike cut US weekly chemical railcar shipments by 21.7% in the week ended 20 September - the third sharp drop in weekly shipments in a row, the Association of American Railroads (AAR) said on Thursday.
Chemical railcar loadings for the week totalled 23,937, down from 30,555 for the same week in 2007.
The drop in chemical shipments came as overall freight traffic for the 19 commodity categories ?xml:namespace>
For the two previous weeks ended 13 September and 6 September shipments were down 8.6% and 8.9%, respectively, from the year-earlier periods as chemical producers struggled with the fallout from Hurricane Gustav.
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 20 September were up 2.0% year on year to 1,174,319, from 1,151,373 a year earlier.
Railcar loadings for all 19 commodities categories tracked by the
Year-to-date to 20 September overall railcar loadings for the 19 categories listed by the
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|