16 December 2010 22:00 [Source: ICIS news]
TORONTO (ICIS)--Chemical shipments on US railroads rose 10.3% last week compared with the same period in 2009, marking their 48th increase so far this year, a rail industry group said on Thursday.
There were 28,396 chemical railcar loadings in the week ended 11 December, up by 2,652 carloads from 25,744 in the same week last year, according to the Association of American Railroads (AAR).
The previous week ended 4 December saw a year-on-year rise of 9.4%.
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.
In addition, there was a 10.2% year-over-year increase in overall weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the association.
Year to date to 11 December, chemical railcar shipment were 1,413,839, up 9.5% from 1,291,715 in the same period in 2009.
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|