25 July 2013 16:55 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic increased for the fourth straight week, rising by 0.1% year on year to 29,400 loadings in the week ended 20 July, according to data released on Thursday by a rail industry group.
In the previous week, ended 13 July, US chemical car loadings rose by 3.4% year on year. From 1 January to 20 July, US chemical railcar traffic was down 0.1% to 863,668 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 ended 20 July, in the freight commodity groups tracked by the AAR, fell by 3.0% year over year to 277,933 carloads.
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