07 February 2013 18:22 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic fell by 2.1% year on year in the week ended 2 February, marking its fifth straight decline so far this year, according to data released on Thursday by a rail industry group.
There were 31,075 chemical railcar loadings last week, compared with 31,736 in the corresponding week in 2012, the Association of American Railroads (AAR) said.
In the previous week, ended 26 January, US chemical car loadings fell also by 2.1% year on year.
From 1 January to 2 February, chemical car loadings are down 2.2% year-on-year to 146,424.
The weekly logistics data are an important real-time measurement 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 2 February in the freight commodity groups tracked by the AAR fell by 3.4% year on year to 274,700 carloads.
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