05 December 2013 17:30 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic fell 16.0% year over year to 26,663 loadings in the US Thanksgiving holiday week ended 30 November, according to data released on Thursday by a rail industry group.
In the previous week, ended 23 November, US chemical car loadings rose 19.6% year over year as the 2012 comparison week included Thanksgiving. From 1 January to 30 November, US chemical railcar traffic was up 0.4% at 1,426,834 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 30 November in the freight commodity groups tracked by the AAR fell 16.3% year over year to 255,628 carloads.
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