02 May 2013 17:56 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic fell by 5.9% year on year to 29,891 loadings in the week ended 27 April, marking its third decline in a row and the 14th decline so far this year, according to data released on Thursday by a rail industry group.
In the previous week, ended 20 April, US chemical car loadings fell by 4.1%. From 1 January to 27 April, US chemical railcar traffic is down by 1.7% to 507,485 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 27 April in the freight commodity groups tracked by the AAR fell by 2.6% year on year to 275,638 carloads.
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