US weekly chemical railcar traffic rises 9.0% year over year

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.

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By: Stefan Baumgarten
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