The Weekly PFL Railcar report consists of all the different variables affecting Rail Traffic including, but not limited to; Oil Pipeline shutdowns, Oil Producer Shutdowns, Unemployment rates, and North American Rig Count. Check the latest Rail Traffic Indicators as well as the most recent railcar markets.
China is releasing Crude oil from its strategic petroleum reserves – In a statement on Thursday of last week, the National Food and Strategic Reserves Administration said the country had tapped its giant oil reserves to “to ease the pressure of rising raw material prices.
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
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
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 […]