23 November 2011 20:26 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic rose 1.4% year on year for the week ended 19 November, rebounding from a decline in the previous week, according to data released by a rail industry group on Wednesday.
There were 28,928 chemical railcar loadings last week, compared with 28,528 in the same week in 2010, the Association of American Railroads (AAR) said.
In the previous week, ended 12 November, US weekly chemical railcar traffic fell by 2.1% year on year, marking its fourth decline so far this 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 rose by 1.1% year on year, to 301,919 carloads.
For the year to date to 19 November, US chemical railcar loadings were up by 3.8% year on year, to 1,378,321 carloads.
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