09 May 2013 17:39 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic fell by 0.1% year on year to 30,446 loadings in the week ended 4 May, marking its fourth decline in a row and the 15th decline so far this year, according to data released on Thursday by a rail industry group.
In the previous week, ended 27 April, US chemical car loadings fell by 5.9%. From 1 January to 4 May, US chemical railcar traffic was down by 1.7% to 537,931 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 4 May, in the freight commodity groups tracked by the AAR, rose by 2.8% year on year to 283,916 carloads.
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