01 December 2011 17:00 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic fell 2.3% year on year for the week ended 26 November, marking its fifth decline so far this year, according to data released by a rail industry group on Thursday.
There were 24,504 chemical railcar loadings last week, compared with 25,079 in the same week in 2010, the Association of American Railroads (AAR) said.
In the previous week, ended 19 November, US weekly chemical railcar traffic rose by 1.4%.
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 4.0% year on year, to 265,304 carloads.
For the year to date to 26 November, US chemical railcar loadings were up by 3.7% year on year, to 1,402,825 carloads.
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