03 July 2013 17:43 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic rose by 2.3% year on year to 29,874 loadings in the week that ended on 29 June, according to data released on Wednesday by a rail industry group.
In the previous week, ended 22 June, US chemical car loadings fell by 0.2% year on year. From 1 January to 29 June, US chemical railcar traffic was down 0.3% to 777,462 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 29 June, in the freight commodity groups tracked by the AAR, rose by 1.0% to 281,367 carloads.
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