US weekly chemical railcar traffic rises 6.7% year over year

07 October 2010 17:28  [Source: ICIS news]

TORONTO (ICIS)--Chemical shipments on US railroads rose 6.7% last week from the same period in 2009, a rail industry group said on Thursday, marking their 38th increase so far this year.

Chemical railcar loadings for the week ended 2 October were 29,873, up by 1,863 carloads from 28,010 in the same week last year, according to the Association of American Railroads (AAR).

The increase compared with a 8.9% increase in the previous week ended 25 September.

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

The increase in last week's chemical shipments compared with a 7.7% year-over-year increase in overall weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the AAR.

Year-to-date to 2 October, US chemical railcar loadings were up 10.2% to 1,127,049 from 1,022,936 in the year-earlier period.

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By: Stefan Baumgarten
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