Your July issue of Uber Freight's Chemical Current is here

Download the July edition of our Chemical Current report to see what's trending this month on the chemical transportation front in North America and the EU. Here's a preview: 

Like many sectors of the US Economy, Chemicals continue to provide mixed signals on growth. US production pulled back in May, as measured by the American Chemistry Council's U.S. CPRI, however Global chemical production saw a 4.2% Y-o-Y gain. Agricultural Chemicals and Resins lead the global push and demand from China was key to this growth.

After reporting Y-o-Y growth of 4.6% in May the Association of American Railroads is reporting 6.7% Y-o-Y increase in chemical carloads for June. The strength in Chemical Carloads is a signal that commodity and agricultural chemicals are realizing improved demand. FTR's Truck Loading Index for Chemicals and Allied products remains flat (down 0.2% Y-o-Y in May), however they are forecasting strength in Chemical Truck Loadings in Q4 2024.

Our report also covers: 

• Supply chain innovation

• Chemical transportation trends

• Industry news and best practices for chemical shippers

To learn more about how Uber Freight can help you navigate today’s market conditions, please visit us at uberfreight.com.