US weekly chemical railcar traffic rises by 3.3% year on year

26 May 2011 16:48  [Source: ICIS news]

HOUSTON (ICIS)--Chemical shipments on US railroads rose by 3.3% year on year in the week ended 21 May, a rail industry group said on Thursday.

There were 29,571 chemical railcar loadings last week, up from 28,622 carloads in the same week in 2010, according to the Association of American Railroads (AAR).

In the previous week, US chemical railcar traffic rose by 8.0% year on year. 

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.

Overall, US weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the AAR rose by 2.3% to 295,148 carloads.

For the year to date to 21 May 2011, US chemical railcar loadings were up by 5.5% to 611,045 carloads.

Read Paul Hodges’ Chemicals and the Economy Blog

By: Stefan Baumgarten
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