11 January 2011 18:45 [Source: ICIS news]
TORONTO (ICIS)--US chemical railcar shipments rose by 9.6%, or 131,127 carloads, in 2010 from 2009, but have not yet regained their 2008 level, a rail industry trade group said on Tuesday.
With 1,497,095 carloads, chemical railcar shipments accounted for 10.1% of the 19 high-volume commodity categories tracked by the Association of American Railroads (AAR), the group said.
However, despite the increase, chemical railcar shipments were still down from their 2008 level when the ?xml:namespace>
Likewise, overall carloads for the 19 commodities rose 7.3% to 14.8m carloads in 2010 - the largest year-over-year increase since the
Nevertheless, 2010 marked the second lowest total in annual carloads on record, behind 2009, the group said.
“Like the economy in general, rail traffic in 2010 recovered some lost ground, but not nearly all of it,” said
“That being said, monthly rail traffic increases were broad based, supporting the idea that economic recovery likewise is broad based.”
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