09 December 2010 17:41 [Source: ICIS news]
TORONTO (ICIS)--Chemical shipments on US railroads rose 9.4% last week compared with the same period in 2009, marking their 47th increase so far this year, a rail industry group said on Thursday.
There were 32,180 chemical railcar loadings in the week ended on 4 December, up by 2,761 carloads from 29,419 in the same week last year, according to the Association of American Railroads (AAR).
The increase compared with a year-on-year rise of 2.8% in the previous week ended on 27 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 6.8% 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 4 December, chemical railcar shipment were 1,385,443, up 9.4% from 1,265,971 in the same period in 2009.
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