US chemical railcar traffic rises 1.6% after five weekly declines

14 February 2013 17:15  [Source: ICIS news]

HOUSTON (ICIS)--US chemical railcar traffic rose by 1.6% year on year to 29,816 loadings in the week ended 9 February, marking its first increase after five straight declines to start 2013, according to data released on Thursday by a rail industry group.

In the previous week, ended 2 February, US chemical car loadings fell by 2.1% year on year. From 1 January to 9 February, chemical railcar loadings were down by 1.6% to 176,240, the
Association of American Railroads (AAR) said.

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 9 February in the freight commodity groups tracked by the AAR fell by 2.3% year on year to 273,369 carloads.

By: Stefan Baumgarten
+1 713 525 2653

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