US chemical railcar traffic rises 7.9% year on year

13 January 2011 18:04  [Source: ICIS news]

TORONTO (ICIS)--Chemical shipments on US railroads rose 7.9% last week compared with the same period a year earlier, a rail industry group said on Thursday.

There were 30,085 chemical railcar loadings in the week ended 8 January 2011, up by 2,194 carloads from 27,891 in the same week a year earlier, according to the Association of American Railroads (AAR).

The previous week ended 1 January saw a year-on-year rise of 12.1%.

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 chemical carloads compares with a 20.1% year-on-year increase in overall US weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the AAR.

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By: Stefan Baumgarten
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