Well folks as of July 1st, the total number of cars in storage was 526,450, an increase of 5,721 (10.86%) month over month and an increase of 197,560 (60.1%) year over year.
PFL Railcar Storage Report 6-8-2020
The AAR just released its monthly Rail Time Indicators Report where it reports railcars in storage. As of June 1, 2020, there were 520,729 empty railcars in storage (31.2% of the North America’s rail car fleet)
PFL Railcar Storage Report 5-11-2020
As of May 1, 2020, there were 418,119 empty railcars in storage, representing 25.0% of the North American fleet.
PFL Railcar Storage Report 4-6-2020
Storage continues to be very active as demand destruction from COVID-19 reaps havoc in the world and particularly in the U.S.
SEARS Conference Slide Deck
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
PFL Railcar Storage Report 3-9-2020
Demand destruction and unfavorable price spreads have caused an increase in loaded storage across various energy products.
PFL Railcar Storage Report 2-10-2020
Pressure Cars move into Storage Storage continues to be active and we are now seeing pressure cars making their way to storage due to the warm winter thus far and demand destruction. LNG Prices Collapsed Asian liquefied natural gas (LNG) prices have collapsed over fears of the potential demand destruction from the coronavirus outbreak and […]
PFL Railcar Storage Report 1-6-2020
Storage continues to be active with the return on lease locations still in full swing. There is definite tightening across a few regions while at the same time capacity is being added. Keep in touch with PFL for all your storage needs, as supply and demand is ever changing. If you have a project need to […]