One challenge manufacturers will have to contend with is the rising costs of inputs, namely Steel, which Cowen and Company estimates has put a 15%-25% premium on newly built equipment.
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The PFL Railcar Storage reports provides the latest in storage numbers for North America. This information is broken down by major car type, change in number of cars stored since January 2019 as well as total cars in service vs storage. For questions regarding the storage report or markets give PFL a call at (239)390-2885
One challenge manufacturers will have to contend with is the rising costs of inputs, namely Steel, which Cowen and Company estimates has put a 15%-25% premium on newly built equipment.
The number of cars in storage continued to decline, marking the 9th consecutive month of declining total storage numbers.
The number of cars in storage declined again for the 8th consecutive month. As of March 1, 2021, there was a total of 392,511 cars in storage
The number of cars in storage continued to decline and is getting closer to pre-pandemic levels as the economy begins to recovers and cars are retired.
The number of cars in storage continued to decline and is getting closer to pre-pandemic levels as the economy begins to recovers and cars are retired.
As of December 1st, the total number of cars in storage continued to decline for the fifth consecutive month to 428,544 cars, granted at a slower pace as car storage numbers begin to normalize.
As of November 1st, the total number of cars in storage continued to decline for the fourth consecutive month, to 439,557 cars in storage.
“Keep your face always toward the sunshine – and shadows will fall behind you.” – Walt Whitman Railcars in Storage Decreased As of October 1st, the total number of cars in storage continued the downtrend to 451,781 cars, representing a month-over-month decline of 24,791 cars or -5.2%. The number of cars in storage remains 88,141 […]
As of September 1st, the total number of railcars in storage was 476,572, accelerating the downtrend for a month over month decline of 27,451 still 128,972 higher than this time last year.
“If I had asked people what they wanted, they would have said faster horses” – Henry Ford As of August 1st, the total number of cars in storage is 504,043, representing a decline of 22,427 (-4.26%) month over month and an increase of 163,055 (47.8%) from this time last year. This currently represents 30.21% of […]