US weekly chemical railcar traffic rises 6.5% year on year

24 March 2011 16:10  [Source: ICIS news]

Chem railcar traffic risesTORONTO (ICIS)--Chemical shipments on US railroads rose 6.5% in the week ended 19 March compared with the same period in 2010, a rail industry group said on Thursday.

There were 30,618 chemical railcar loadings last week, up by 1,873 carloads from 28,745 loadings in the same week a year earlier, according to the Association of American Railroads (AAR).

The previous week ended 12 March saw a year-on-year increase of 6.0%.

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 2.3% to 293,772.

Year to date to 19 March, US chemical railcar loadings were up 5.8%, to 334,260 carloads.

Paul Hodges studies key influencers shaping the chemical industry in Chemicals and the Economy


By: Stefan Baumgarten
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