13 September 2012 18:30 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic rose by 1.1% year on year for the week ended 8 September, according to data released on Thursday by a rail industry group.
There were 27,480 chemical railcar loadings last week, compared with 27,177 in the corresponding week of 2011, the Association of American Railroads (AAR) said.
In the previous week, ended 1 September, US weekly chemical railcar loadings fell by 1.7% year on year - the second decline in a row and the 23rd decline so far this 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 8 September, US chemical railcar loadings were down by 1.2% to 1,071,048 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 2.3% year on year to 272,301 carloads.
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