US weekly chemical railcar traffic falls 3.1% year on year

17 January 2013 17:59  [Source: ICIS news]

HOUSTON (ICIS)--US chemical railcar traffic fell by 3.1% year on year in the week ended 12 January, marking its second straight decline so far this year, according to data released on Thursday by a rail industry group.

There were 29,696 chemical railcar loadings last week, compared with 30,652 in the corresponding week in 2012, the Association of American Railroads (AAR) said.

In the previous week ended 5 January, US chemical car loadings fell 3.8% year on year. From 1 January to 12 January, chemical car loadings are down 3.4% year on year to 55,599.

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 12 January in the freight commodity groups tracked by the AAR fell by 6.4% year on year to 279,893 carloads.

By: Stefan Baumgarten
+1 713 525 2653

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