10 October 2013 18:45 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic fell by 0.5% year on year to 29,636 loadings in the week ended 5 October, marking its third weekly decline in a row, according to data released on Thursday by a rail industry group.
In the previous week ended 28 September, US chemical car loadings fell by 1.3%. From 1 January to 5 October, US chemical railcar traffic was unchanged at 1,190,911 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 5 October in the freight commodity groups tracked by the AAR fell 1.6% year on year to 279,128 carloads.
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