20 December 2012 16:44 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic rose by 1.9% year on year in the week ended 15 December, marking its fourth increase in a row, according to data released on Thursday by a rail industry group.
There were 28,966 chemical railcar loadings last week, compared with 28,437 in the corresponding week in 2011, the Association of American Railroads (AAR) said.
In the previous week, ended 8 December, US weekly chemical railcar loadings rose by 5.0%.
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 15 December, US chemical railcar loadings were down by 0.8% compared with the corresponding period of last year to 1,478,873.Meanwhile, overall US weekly railcar loadings for the week ended 15 December in the freight commodity groups tracked by the AAR fell by 3.9% year on year to 292,640 carloads.
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