27 December 2012 17:10 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic rose by 5.6% year on year in the week ended 22 December, its fifth consecutive increase, a railroad industry group said on Thursday.
The US had 30,750 chemical railcar loadings last week, compared to 29,120 during the same week in 2011, the Association of American Railroads (AAR) said.
In the week ended 15 December, US weekly chemical railcar loadings rose by 1.9% 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 22 December, the US had 1,509,623 chemical railcar loadings, down by 0.6% from last year’s 1,519,435.
Overall US weekly railcar loadings for the week ended 22 December in the freight commodity groups tracked by the AAR increased by 0.9% year on year, recording 290,223 loads in 2012 from 287,584 loads in 2011.
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