US weekly chemical railcar traffic rises 5.7% year on year

24 February 2011 18:32  [Source: ICIS news]

TORONTO (ICIS)--Chemical shipments on US railroads rose 5.7% in the week ended 19 February compared with the same period in 2010, a rail industry group said on Thursday.

There were 30,673 chemical railcar loadings last week, up 1,649 carloads from the 29,024 loadings in the same week a year earlier, according to the Association of American Railroads (AAR).

The previous week ended 12 February saw a year-on-year rise of 6.4%.

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.

Overall US weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the AAR rose 8.2% to 296,980.

Year to date to 19 February, US chemical railcar loadings were up also by 5.7%, to 209,557 carloads from 198,226 in the year-earlier period.

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By: Stefan Baumgarten
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