Early-year chemical rail-car loadings down 21.1% from 2008

01/23/2009 | Reuters

The shipment of chemicals on railroads decreased by 20.6% for the week that ended Saturday, from 30,830 chemical rail-car loadings in the year-ago period to 24,487 this year, according to the Association of American Railroads. Analysts say the figures are often predictors of larger trends for the chemical and manufacturing industries.

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