Category: Railcar Report

We think it is about time the umbilical cord is cut and people start to get back to work and there should be no need to pay people to stay at home anymore – let’s quit spending, start working to our fullest extent and let’s roll America.

Total North American rail volumes were up 25.8% yoy in week 17 resulting in qtd volumes that are up 25.2% yoy

Total North American rail volumes were up 24.8% year over year in week 16 resulting in qtd that are up 25.0% yoy

DAPL is running out of options. In last week’s rail report we gave the status of the battle that rages on for the shutdown of the operating 570,000 barrel per pipeline that The Standing Rock Sioux Tribe who claims #DAPL could threaten its water supply wants the pipeline shut down now. Here is the latest and greatest:

“You have power over your mind – not outside events. Realize this, and you will find strength.” ― Marcus Aurelius Jobs Update The number of Americans applying for unemployment benefits tumbled last week to 576,000, a post-COVID-19 low and a sign that layoffs are easing as the economy recovers from the pandemic recession.  The Labor […]

Looking at the broader U.S. economy, the leading indicators continue (see PFL economic indicators below) to improve as vaccine distribution has accelerated and more re-opening has occurred or is incurring.

Many likely did not even know this, but the City of New York was suing five major oil companies (BP plc, Chevron, Conoco Phillips, Exxon Mobil and Royal Dutch Shell) for damages due to global warming

The threat is not limited to Ohio or its refineries; it extends to workers, consumers and industries throughout Michigan, Ohio, Indiana and the surrounding region and could result in additional layoffs and other economic harm

A group of twenty one states is suing the Biden administration for its cancelation of the Keystone XL pipeline

“It always seems impossible until it is done” – Nelson Mandela COVID-19 The United States currently has 30,081,657 confirmed COVID 19 cases and 547,234 confirmed deaths. US Jobless Claims In the week ending March 6th,  initial claims were 712,000, a decrease of 42,000 from the previous week’s revised level. The previous week’s level was revised […]