21 November 2013 16:33 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic rose 6.0% year over year to 29,754 loadings in the week ended 16 November, according to data released on Thursday by a rail industry group.
In the previous week, ended 9 November, US chemical car loadings fell 0.2% year over year, marking their first decline after four weekly increases in a row. From 1 January to 16 November, US chemical railcar traffic was up 0.5% at 1,369,993 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 16 November in the freight commodity groups tracked by the AAR rose 2.4% year over year to 295,563 carloads.
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