11 November 2010 18:02 [Source: ICIS news]
TORONTO (ICIS)--Chemical shipments on US railroads rose 9.0% last week from the same period in 2009, a rail industry group said on Thursday, marking their 43rd increase so far this year.
Chemical railcar loadings for the week ended 6 November were 28,476, up by 2,355 carloads from 26,121 in the same week last year, according to the Association of American Railroads (AAR).
The increase compared with a 5.6% increase in the previous week ended 30 October.
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 4.9% 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 6 November, US chemical railcar loadings were up 9.8% to 1,270,310 from 1,156,559 in the year-earlier period.Read Paul Hodges’ Chemicals and the Economy Blog
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