29 August 2013 17:03 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic rose by 2.5% year on year to 30,052 loadings in the week ended 24 August, according to data released on Thursday by a rail industry group.
In the previous week, ended 17 August, US chemical car loadings rose by 2.1%. From 1 January to 24 August, US chemical railcar traffic was down 0.1% to 1,012,447 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 24 August, in the freight commodity groups tracked by the AAR, fell 1.7% year on year to 291,889 carloads.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections