08 August 2013 18:13 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic rose by 0.7% year on year to 30,179 loadings in the week ended 3 August, according to data released on Thursday by a rail industry group.
In the previous week, ended 27 July, US chemical car loadings fell by 3.3% year on year, marking their first decline after four straight weekly increases. From 1 January to 3 August, US chemical railcar traffic was down 0.2% to 923,109 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 3 August, in the freight commodity groups tracked by the AAR, fell by 0.4% year over year to 287,372 carloads.
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