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.Read Paul Hodges’ Chemicals and the Economy Blog
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|
Asian Chemical Connections