12 January 2012 17:31 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic fell by 10.6% year on year for the week ended 7 January, according to data released by a rail industry group on Thursday.
There were 26,935 chemical railcar loadings last week, compared with 30,121 in the same week in 2011, the Association of American Railroads (AAR) said.
In the previous week ended 31 December, US weekly chemical railcar shipments fell by 2.4% year on year, marking the ninth decline in 2011.
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 fell by 3.7% year on year to 274,862 carloads.
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