US chemical railcar traffic rises 6.5% year on year
11 April 2013 17:43 [Source: ICIS news]
HOUSTON (ICIS)--?xml:namespace>US chemical railcar traffic rose by 6.5% year on year to 30,475 loadings in the week ended 6 April, according to data released on Thursday by a rail industry group.
In the previous week, ended 30 March, US chemical car loadings fell by 2.3% year on year – the second decline in a row and the 11th decline so far this year. From 1 January to 6 April, US chemical railcar traffic is down by 1.0% to 418,387 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 6 April in the freight commodity groups tracked by the AAR rose by 3.7% year on year to 280,748 carloads.By: Stefan Baumgarten+1 713 525 2653
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