23 August 2012 18:44 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic rose by 0.7% year on year for the week ended 18 August, according to data released on Thursday by a rail industry group.
There were 30,235 chemical railcar loadings last week, compared with 30,029 in the corresponding week of 2011, the Association of American Railroads (AAR) said.
In the previous week, ended 11 August, US weekly chemical railcar loadings fell by 0.4% year on year.
The weekly logistics 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.
From 1 January to 18 August, US chemical railcar loadings were down by 1.2% to 984,590 compared with the corresponding period of last year.
Meanwhile, overall US weekly railcar loadings for the freight commodity groups tracked by the AAR fell by 2.1% year on year to 293,916 carloads.
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