11 October 2012 17:28 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic rose by 1.4% year on year in the week ended 6 October, according to data released on Thursday by a rail industry group.
There were 29,768 chemical railcar loadings last week, compared with 29,344 in the corresponding week of 2011, the Association of American Railroads (AAR) said.
In the previous week, ended on 29 September, US weekly chemical railcar loadings rose by 1.0%.
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 6 October, US chemical railcar loadings were down by 1.1% compared with the corresponding period of last year, to 1,190,473.
Meanwhile, overall US weekly railcar loadings for the week ended 6 October in the freight commodity groups tracked by the AAR fell by 6.3% year on year to 283,440 carloads.
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