02 January 2014 17:58 [Source: ICIS news]
HOUSTON (ICIS)--US chemical railcar traffic rose 0.3% year on year to 26,653 loadings in the week ended 28 December, according to data released on Thursday by a rail industry group.
From 1 January to 28 December, US chemical railcar traffic was up 0.5% at 1.54m 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 28 December in the freight commodity groups tracked by the AAR rose 8.1% year on year to 230,933 carloads.
Canadian chemical railcar traffic fell 1.5% year on year for the week to 8,349 carloads. From 1 January to 28 December, Canadian chemical railcar traffic was up 7.6% to 582,644 loadings.
Mexican chemical railcar traffic rose 3.2% for the week to 1,195 carloads. From 1 January to 28 December, Mexican chemical railcar traffic was up 3.9% to 68,519 loadings.
Paul Hodges studies key influences shaping the chemical industry in his Chemicals and the Economy Blog
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