
PFL Railcar Report 11-9-2020
The U.S. Labor Department stated on Thursday of last week that U.S. workers filed an additional 751,000 initial jobless claims.
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.
Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.

The U.S. Labor Department stated on Thursday of last week that U.S. workers filed an additional 751,000 initial jobless claims.

Although economic data and corporate earnings have improved, many investors fear the impact of another round of lockdowns in the event the number of coronavirus cases continues to…

Total North American rail volumes were up 2.6% year over year in week 42, resulting in quarter to date volumes that are up 1.8% and year to date volumes that are down 9.2%.

ConocoPhillips said on Monday it will buy Permian-focused driller Concho Resources for $9.7 billion, the largest shale deal this year as oil and gas producers turn to consolidation to survive a lull in oil prices and demand.

Oil prices declined on Friday of last week, posting their 3rd negative week in four weeks as worries are mounting on rising COVID cases.

An estimated 650,120 people also filed new claims under the Pandemic Unemployment Assistance Act

Oil prices declined on Friday of last week, posting their 3rd negative week in four weeks as worries are mounting on rising COVID cases.

“Paying attention to simple little things that most men neglect makes a few men rich.” – Henry Ford COVID 19 and Markets Update The United States currently has 7,004,768 confirmed COVID 19 cases and 204,118 confirmed deaths. The U.S. Labor Department stated on Thursday of last week that U.S. workers filed an additional 860,000 initial […]

It is a mess in the West and rail traffic is getting impacted. In Oregon, 36 fires have charred 863,794 acres, according to state data Friday. Thousands have been evacuated from their homes and at least eight people have died since late August because of the fires.

The U.S. Labor Department stated on Thursday of last week that U.S. workers filed an additional 881,000 initial jobless claims, bringing the total initial claims since COVID-19 to nearly 59 million.