US weekly chemical railcar traffic falls 5.7% year on year
18 April 2013 18:06 [Source: ICIS news]
HOUSTON (ICIS)--?xml:namespace>US chemical railcar traffic fell by 5.7% year on year to 29,609 loadings in the week ended 13 April, marking its 12th decline so far this year, according to data released on Thursday by a rail industry group.
In the previous week, ended 6 April, US chemical car loadings rose by 6.5% year on year. From 1 January to 13 April, US chemical railcar traffic is down by 1.3% to 447,996 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 13 April in the freight commodity groups tracked by the AAR fell by 0.6% year on year to 275,675 carloads.By: Stefan Baumgarten+1 713 525 2653
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