Your November issue of Uber Freight's Chemical Current is here
Download the November edition of our Chemical Current report to see what's trending this month on the chemical transportation front in North America and Europe. Here's a preview:
The October reading of ISM’s US Manufacturing PMI fell further into contraction territory at 46.5 (47.2 in September). This marks 23 of the prior 24 months where the reading has been contractionary (with March 2024 being the lone exception over the past two years).
The Association of American Railroads is reporting total carloads down 3.1% YTD. Chemical carloads continue to buck this trend, seeing 4.5% YoY growth YTD, signaling overall strength for commodity chemicals. Railroads have pockets of congestion as intermodal units are growing across the market. This congestion is causing rail speeds to drop this year, affecting service levels.
Our report also covers:
Chemical industry news and updates
Chemical transportation trends
Chemical supply chain overview
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