US weekly chemical railcar traffic falls 2.0% year on year

30 August 2012 17:09  [Source: ICIS news]

HOUSTON (ICIS)--US chemical railcar traffic fell by 2.0% year on year for the week ended 25 August, marking its 22nd decline so far this year, according to data released on Thursday by a rail industry group.

There were 29,343 chemical railcar loadings last week, compared with 29,929 in the corresponding week of 2011, the Association of American Railroads (AAR) said.

In the previous week, ended 18 August, US weekly chemical railcar loadings rose by 0.7% 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 25 August, US chemical railcar loadings were down by 1.2% to 1,013,933 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 0.8% year on year to 297,042 carloads.

By: Stefan Baumgarten
+1 713 525 2653

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