US chemical railcar traffic falls 2.3% year on year

04 April 2013 18:41  [Source: ICIS news]

HOUSTON (ICIS)--US chemical railcar traffic fell by 2.3% year on year to 30,557 loadings in the week ended 30 March, marking its second decline in a row and the 11th decline so far this year, according to data released on Thursday by a rail industry group.

In the previous week, ended 23 March, US chemical car loadings fell by 0.9% year on year. From 1 January to 30 March, US chemical railcar traffic is down by 1.5% to 387,912 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 30 March in the freight commodity groups tracked by the AAR fell by 1.9% year on year to 281,367 carloads.

By: Stefan Baumgarten
+1 713 525 2653

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