25 April 2013 17:32 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic fell by 4.1% year on year to 29,598 loadings in the week ended 20 April, marking its second decline in a row and the 13th decline so far this year, according to data released on Thursday by a rail industry group.
In the previous week, ended 13 April, US chemical car loadings fell by 5.7%. From 1 January to 20 April, US chemical railcar traffic is down by 1.5% to 477,594 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 20 April in the freight commodity groups tracked by the AAR fell by 2.0% year on year to 276,662 carloads.
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