13 June 2013 17:33 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic rose by 3.8% year on year to 30,424 loadings in the week that ended on 8 June, marking its fifth consecutive increase, according to data released on Thursday by a rail industry group.
In the previous week, ended 1 June, US chemical car loadings rose by 3.4%. From 1 January to 8 June, US chemical railcar traffic was down 0.4% to 689,102 loadings, the Association of American Railroads (AAR) said.
The weekly logistics data is 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 that ended 8 June, in the freight commodity groups tracked by the AAR, fell by 2.8% year on year to 278,249 carloads.
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