02 December 2010 18:01 [Source: ICIS news]
TORONTO (ICIS)--Chemical shipments on US railroads rose 2.8% last week compared with the same period in 2009, marking their 46th increase so far this year, a rail industry group said on Thursday.
There were 25,017 chemical railcar loadings in the week ended on 27 November, up 688 carloads from 24,329 in the same week last year, according to the Association of American Railroads (AAR).
The increase compared with a year-on-year rise of 4.0% in the previous week ended on 20 November.
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 3.2% year-on-year increase in overall weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the association.
Year to date to 27 November, chemical railcar shipment were 1,353,263, up 9.4% from 1,236,552 in the same period in 2009.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections