01 August 2013 16:52 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic fell by 3.3% year on year to 29,262 loadings in the week ended 27 July, marking its first decline after four straight weekly increases, according to data released on Thursday by a rail industry group.
In the previous week, ended 20 July, US chemical car loadings rose by 0.1% year on year. From 1 January to 27 July, US chemical railcar traffic was down 0.2% to 892,930 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 27 July, in the freight commodity groups tracked by the AAR, rose by 2.5% year over year to 295,532 carloads.
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