Coronavirus updates, Canadian Protests, Railcar volumes and more in this week’s Railcar Market Update
PFL Railcar Report 2-18-2020
The latest and greatest on the coronavirus, North American Rig Count, Hot Markets and more
PFL Railcar Report 2-10-2020
Coronavirus, Derailment in Saskatchewan, North American Rig count updates and more in this week’s Railcar Report.
PFL Railcar Storage Report 2-10-2020
Pressure Cars move into Storage Storage continues to be active and we are now seeing pressure cars making their way to storage due to the warm winter thus far and demand destruction. LNG Prices Collapsed Asian liquefied natural gas (LNG) prices have collapsed over fears of the potential demand destruction from the coronavirus outbreak and […]
PFL Railcar Report 2-3-2020
“You don’t make the poor richer by making the rich poorer.” Winston Churchill Groundhog’s Day We hope that everyone had a great Super bowl celebration. Yesterday was also Groundhog Day. Punxsutawney Phil was awoken from his wintry sleep and predicted an early spring as he did not see his shadow good news for farmers and bad news […]
PFL Railcar Report 1-27-2020
Folks, what a week last week was in the markets. The market went from being bullish crude to bearish seemingly overnight as news erupted over the coronavirus virus hitting China in a big way and spreading.
PFL Railcar Report 1-21-2020
Geopolitical risk is seemingly having a lessor impact on oil prices. It’s a trading pattern that would have been unthinkable a decade ago, but has become increasingly familiar. The threat of conflict loomed over the heart of the global oil market this past week, but the usual panic buying by traders was met quickly by a wave of U.S. shale drillers locking in future pricing and hedging their output.
PFL Railcar Storage Report 1-6-2020
Storage continues to be active with the return on lease locations still in full swing. There is definite tightening across a few regions while at the same time capacity is being added. Keep in touch with PFL for all your storage needs, as supply and demand is ever changing. If you have a project need to […]
PFL Railcar Report 1-6-2020
We have quite a bit of breaking news to share with you this week. Perhaps the most important news to share, if you are Canadian, is that Canada won the Gold Medal in the World Junior Hockey Tournament against the Russians in a 4-3 victory coming from behind 3-1 going into the third period. Congratulations to our Canadian readers – well done!