07 November 2013 18:13 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic rose by 5.3% year on year to 30,095 loadings in the week ended 2 November, marking its fourth weekly increase in a row, according to data released on Thursday by a rail industry group.
In the previous week, ended 26 October, US chemical car loadings rose by 3.7%. From 1 January to 2 November, US chemical railcar traffic was up 0.4% at 1,310,775 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 2 November in the freight commodity groups tracked by the AAR rose 5.1% year on year to 292,398 carloads.
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