US weekly chemical railcar traffic falls 0.9% year on year

28 March 2013 16:38  [Source: ICIS news]

HOUSTON (ICIS)--US chemical railcar traffic fell 0.9% year on year to 30,460 loadings in the week ended 23 March, marking its 10th decline so far this year, according to data released on Thursday by a rail industry group.

In the previous week, ended 16 March, US chemical car loadings rose by 1.3% year on year - the first increase after four declines in a row.

From 1 January to 23 March, US chemical railcar traffic is down 1.4% to 357,355 loadings, 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 23 March in the freight commodity groups tracked by the AAR rose 0.2% year on year to 278,738 carloads.

By: Stefan Baumgarten
+1 713 525 2653

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