New railcar orders improved to 9,500 units in the second quarter of 2021(versus 6,200 in the first quarter of 2021) and the backlog increased 8% sequentially to 37,500 units. Overall, orders improved and are now around replacement levels

Oil is set to begin flowing as soon as September through Enbridge Inc.’s disputed Line 3 replacement pipe, moving more Canadian supply to the Lower 48, according to a filing with the Canada Energy Regulator (CER)

On a good note, payrolls climbed by 943,000 last month after upwardly revised increases the prior two months, a Labor Department report showed Friday of last week.

PFL was quoted in Argus Petroleum Transportation North America’s newsletter on Friday of last week in regards to its participation of the tremendous amount of rail car scrapping going on in the country right now as record steel prices

“The best time to plant a tree was twenty years ago. The second best time is now.“ Weekly jobless claims up week over week and well above expectations Stocks were up on Friday of last week and up week over week The Dow closed higher on Friday of last week, up +238.20 (-0.68%) points closing […]

“When you make a commitment you build hope. When you keep it you build trust.” – Stephen M.R. Covey       Weekly jobless claims down week over week and in line with expectations Stocks were down on Friday of last week and down week over week The Dow closed lower on Friday of last […]

“When you forgive you heal. When you let go you grow. “ Weekly Jobless up Week over Week and higher than expected Stocks up on Friday of last week and up week over week The Dow closed higher on Friday of last week, up +448.23 (+1.33%) points closing out the week at 34,870.16 up+83.81 points […]

“It’s better to walk alone than with a crowd going in the wrong direction.” – Diane Grant NO PODCAST TODAY DUE TO TECHNICAL DIFFICULTIES Weekly Jobless Down Week over Week Unexpectedly Stocks up on Friday of last week and up week over week The Dow closed higher on Friday of last week, up 152.82 (+0.44%) […]

“Don’t do something permanently stupid because you’re temporarily upset“ Weekly Jobless Down Marginally Week over Week Stocks mostly up Friday of last week and up week over week Stocks set fresh record highs on Friday, with traders hoping that a bipartisan infrastructure deal would help further stoke economic activity. The Dow closed higher on Friday […]

According to Goldman Sachs, strong U.S. demand growth is being passed on to Europe and emerging markets, where India is showing improvements. Global oil demand has hit 97 million barrels per oil per day recently, up from 95 million barrels per day from just a few weeks ago. Consumption before the pandemic stood at 100 million barrels per day, so we are almost there folks!