Category: Railcar Report

Optimism for a recovery in oil demand as COVID-19 vaccines are rolled out while producers rein in supply has pushed the market structure for Brent and U.S. crude

U.S. consumer spending fell a preliminary 0.2% in December 2020 from November 2020, following a revised 0.7% drop in November from October

A U.S. appeals court dealt a blow to the Dakota Access crude oil pipeline on Tuesday of last week, upholding a lower court’s decision to throw out a key federal permit for the line and ordered a lengthy environmental review that will determine if it can keep operating.

President Biden has already signed over 30 Executive Orders only 3 days into his Presidency,

Total US rail car traffic was +2.0% year over year and total Canadian rail car traffic was up +1.6%

Total North American rail volumes were up 1.3% yoy in week 53 resulting in Q4 volumes that finished up 3.0% and 2020 volumes that finished down 6.7%

Total US rail car traffic was +2.0% year over year and total Canadian rail car traffic was up +1.6%

Total US rail car traffic was +2.0% year over year and total Canadian rail car traffic was up +1.6%

Congress reached an agreement on a $900 billion stimulus package late Sunday afternoon that would send immediate aid to Americans and businesses.

The Bureau of Labor Statistics announced on Friday of last week that 245,000 net new jobs were created in November 2020.