13 October 2011 18:23 [Source: ICIS news]
HOUSTON (ICIS)--Chemical railcar traffic on US railroads rose by 4.8% year on year for the week ended on 8 October, according to data released by a rail industry group on Thursday.
There were 29,323 chemical railcar loadings last week, compared with 27,990 in the same week in 2010, the Association of American Railroads (AAR) said.
In the previous week, ended 1 October, US chemical railcar traffic rose by 3.2% 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 shipments by tonnage, with trucks, barges and pipelines carrying the rest.
Meanwhile, overall US weekly railcar shipments for the 19 high-volume freight commodity groups tracked by the AAR rose by 2.1% to 302,500 carloads.
Year to date to 8 October, US chemical railcar loadings were up by 4.2% year on year to 1,203,353 carloads.
Paul Hodges studies key influencers shaping the chemical industry in his Chemicals and the Economy blog
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