20 October 2011 17:27 [Source: ICIS news]
HOUSTON (ICIS)--Chemical railcar traffic on US railroads rose by 0.9% year on year for the week ended on 15 October, according to data released by a rail industry group on Thursday.
There were 28,882 chemical railcar loadings last week, compared with 28,617 in the same week in 2010, the Association of American Railroads (AAR) said.
In the previous week, ended 8 October, US chemical railcar traffic rose by 4.8% 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 were almost unchanged at 303,363 carloads, compared with 303,334 in the same period a year ago.
Year to date to 15 October, US chemical railcar loadings were up by 4.1% year on year to 1,232,235 carloads.
Paul Hodges studies key influencers shaping the chemical industry in his Chemicals and the Economy blog.
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