27 September 2012 16:54 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic fell by 1.3% year on year for the week ended 22 September - the second decline in a row and the 25th decline so far this year, according to data released on Thursday by a rail industry group.
There were 29,375 chemical railcar loadings last week, compared with 29,755 in the corresponding week of 2011, the Association of American Railroads (AAR) said.
In the previous week, ended 15 September, US weekly chemical railcar loadings rose by fell by 0.8%.
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 22 September, US chemical railcar loadings were down by 1.2% to 1,129,600, 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 4.1% year on year to 292,644 carloads.
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