22 August 2013 17:58 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic fell by 2.1% year on year to 29,594 loadings in the week ended 17 August, according to data released on Thursday by a rail industry group.
In the previous week, ended 10 August, US chemical car loadings rose by 0.6%. From 1 January to 17 August, US chemical railcar traffic was down 0.2% to 982,395 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 17 August, in the freight commodity groups tracked by the AAR, rose by 0.5% year on year to 295,901 carloads.
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