US weekly chemical railcar traffic rises 5.4% year over year

18 February 2010 18:33  [Source: ICIS news]

TORONTO (ICIS news)--Chemical shipments on US railroads rose 5.4% last week from the same time last year, marking their 14th increase in a row and the sixth this year, an industry association said on Thursday.

Chemical railcar loadings for the week ended on 13 February were 27,544, up 1,409 car loads from 26,135 in the same week last year, according to data released by the Association of American Railroads (AAR).

The increase for the week comes after a 13.5% year-over-year increase in the previous week ended on 6 February.

The weekly chemical railcar loadings data are seen as an important measure of chemical industry activity and demand. Railcar loadings represent about 20% of chemical volumes by tonnage, with trucks, barges and pipelines carrying the rest.

The increase in chemical shipments compares with an 8.1% year-over-year decline in overall weekly railcar shipments for the 19 commodity categories tracked by the AAR. Half of the commodity categories registered declines last week.

Year-to-date to 13 February, US chemical railcar loadings were up 11.9% to 169,193 from 151,179 in the year-earlier period.

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By: Stefan Baumgarten
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