27 June 2013 18:29 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic fell by 0.2% year on year to 29,108 loadings in the week that ended on 22 June, according to data released on Thursday by a rail industry group.
In the previous week, ended 15 June, US chemical car loadings fell by 0.7% year on year, marking their first decline after five consecutive increases. From 1 January to 22 June, US chemical railcar traffic was down 0.4% to 747,588 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 on 22 June, in the freight commodity groups tracked by the AAR, was flat at 288,224 carloads.
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