22 December 2011 18:38 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic fell by 0.3% year on year for the week ended 17 December, marking the fourth decline in a row and the eighth decline so far this year, according to data released by a rail industry group on Thursday.
There were 28,453 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 10 December, US weekly chemical railcar traffic fell by 1.1% 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 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 11.7% year on year to 304,377 carloads.
For the year to date to 17 December, US chemical railcar loadings were up by 3.3% year on year to 1,490,300 carloads.
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