10 January 2013 17:52 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic fell by 3.8% year on year in the week ended 5 January, according to data released on Thursday by a rail industry group.
There were 25,903 chemical railcar loadings last week, compared with 26,931 in the corresponding week in 2012, the Association of American Railroads (AAR) said.
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.Meanwhile, overall US weekly railcar loadings for the week ended 5 January in the freight commodity groups tracked by the AAR fell by 12.1% year on year to 241,682 carloads.
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