17 November 2011 16:59 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic fell by 2.1% year on year for the week ended 12 November – the first decline since early September and the fourth fall so far this year, according to data released by a rail industry group on Thursday.
There were 28,803 chemical railcar loadings last week, compared with 29,414 in the same week in 2010, the Association of American Railroads (AAR) said.
In the previous week, ended 5 November, US chemical railcar traffic rose by 1.4% year on year.
The weekly chemical railcar loadings data are an important realtime measure of chemical industry activity and demand. Railcar loadings represent about 20% of US chemical transportation by tonnage, with trucks, barges and pipelines carrying the rest.
Meanwhile, overall US weekly railcar traffic for the 19 high-volume freight commodity groups tracked by the AAR rose by 0.5%, to 299,591 carloads.
For the year to date to 12 November, US chemical railcar loadings were up by 3.8% year on year, to 1,349,393 carloads.
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