
PFL Railcar Report 5-4-2020
The Australian’s leaked a report over the weekend that was prepared for the 5 countries that held China responsible for the spreading of the virus out of Wuhan.
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 Australian’s leaked a report over the weekend that was prepared for the 5 countries that held China responsible for the spreading of the virus out of Wuhan.

Success depends upon previous preparation, and without such preparation there is sure to be failure.

It seems like GroundHog Day at this point folks but, the battle continues with COVID -19 as cases continue to rise over the weekend in the U.S. and deaths from the Chinese Virus inflicted on the United States and the rest of the world continue.

“We are all born ignorant, but one must work hard to remain stupid.”

We lost a whopping 6 million jobs last week. Expect closer to 9 million job losses this week.

Jobs have always been a concern from the onset of the virus, as cash strapped small businesses had no choice but to lay people off after being forced to shut down their businesses.

Folks, as most of you know, there is a battle going on out there amid the COVID -19 outbreak, as it continues to create havoc across the world.

Folks, there are a lot of difficulties out there right now. North American rail volumes were down 6.4% year over year in week 10

Storage has become a major topic at the conferences. Curtis Chandler sat on the SEARS Storage Panel to gave his expert advice on how to handle excess railcars

Dow Jones futures plummeted Sunday night in overseas trading, along with S&P 500 futures and Nasdaq futures, as an all-out crude oil price war adds to coronavirus fears. Trading in S&P futures was halted in overnight trading once levels hit the maximum allowed drop of 5%.