{"id":9086,"date":"2023-03-27T05:27:00","date_gmt":"2023-03-27T09:27:00","guid":{"rendered":"https:\/\/pflpetroleum.com\/reports\/?p=9086"},"modified":"2023-07-28T10:19:41","modified_gmt":"2023-07-28T14:19:41","slug":"pfl-railcar-report-3-27-2023","status":"publish","type":"post","link":"https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-3-27-2023\/","title":{"rendered":"PFL Railcar Report 3-27-2023"},"content":{"rendered":"\n<p class=\"has-text-align-center wp-block-paragraph\"><strong><em>\u201cWhile you are overthinking and overplanning, someone else is achieving.\u201d<\/em><\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong><em>\u2015 Jon Luvelli<\/em><\/strong><\/p>\n\n\n\n<center><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/WPu3gRGrkhQ\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen=\"\"><\/iframe><\/center>\n\n\n\n<div style=\"height:21px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><u>Jobs Update<\/u><\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><u>Initial jobless claims for the week ending March 18th, 2023 came in at 191,000<\/u><\/strong>, down -1,000 people week-over-week.<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"797\" height=\"412\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/1a-Initial-Jobless-Claims-3-27-2023.png\" alt=\"\" class=\"wp-image-9089\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/1a-Initial-Jobless-Claims-3-27-2023.png 797w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/1a-Initial-Jobless-Claims-3-27-2023-300x155.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/1a-Initial-Jobless-Claims-3-27-2023-768x397.png 768w\" sizes=\"auto, (max-width: 797px) 100vw, 797px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong><u>Continuing jobless claims came in at 1.694 million people<\/u><\/strong>, versus the adjusted number of 1.684 million people from the week prior, up 10,000 people week over week.<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"796\" height=\"459\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/1b-Cont-Jobless-Claims-3-27-2023.png\" alt=\"\" class=\"wp-image-9090\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/1b-Cont-Jobless-Claims-3-27-2023.png 796w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/1b-Cont-Jobless-Claims-3-27-2023-300x173.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/1b-Cont-Jobless-Claims-3-27-2023-768x443.png 768w\" sizes=\"auto, (max-width: 796px) 100vw, 796px\" \/><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong><u>Stocks closed higher on Friday of last week and mixed week over week<\/u><\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><u>The DOW closed higher on Friday of last week, up 132.28 points<\/u><\/strong> (+0.41%), closing out the week at 32,237.53 down -9.02 points week over week. <strong><u>The S&amp;P 500 closed higher on Friday of last week, up 22.27 points<\/u><\/strong> (+0.56%), and closed out the week at 3,970.99, up +54.35 points week over week. <strong><u>The NASDAQ closed higher on Friday of last week, up +36.56 points<\/u><\/strong> (+0.31%), and closed the week at 11,823.96, up +193.45 points week over week.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In overnight trading, DOW futures traded higher and are expected to open at 32,565 this morning up 131 points.<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong><u>WTI closed lower on Friday of last week, but up week over week<\/u><\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><u>WTI traded down -$0.70 per barrel (-1%) to close at $69.26 per barrel on Friday of last week, but up $2.52 per barrel week over week.<\/u><\/strong> Brent traded down -US$0.93 per barrel (-1.2%) on Friday of last week, to close at US$74.99 per barrel, up US$2.02 per barrel week over week.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><u>U.S. commercial crude oil inventories<\/u><\/strong> (excluding those in the Strategic Petroleum Reserve) <strong><u>increased by 1.1 million barrels<\/u><\/strong> week over week. At 481.2 million barrels, <strong><u>U.S. crude oil inventories are 8% above the five-year average for this time of year.<\/u><\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"919\" height=\"399\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/2-weekly-us-total-crude-stocks-3-27-2023.png\" alt=\"\" class=\"wp-image-9091\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/2-weekly-us-total-crude-stocks-3-27-2023.png 919w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/2-weekly-us-total-crude-stocks-3-27-2023-300x130.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/2-weekly-us-total-crude-stocks-3-27-2023-768x333.png 768w\" sizes=\"auto, (max-width: 919px) 100vw, 919px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><strong><u>Total motor gasoline inventories decreased by 6.4 million barrels<\/u><\/strong> week over week and are 4% below the five-year average for this time of year.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"918\" height=\"400\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/3-Weekly-US-Ending-Stocks-of-Total-Gasoline-3-27-2023.png\" alt=\"\" class=\"wp-image-9092\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/3-Weekly-US-Ending-Stocks-of-Total-Gasoline-3-27-2023.png 918w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/3-Weekly-US-Ending-Stocks-of-Total-Gasoline-3-27-2023-300x131.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/3-Weekly-US-Ending-Stocks-of-Total-Gasoline-3-27-2023-768x335.png 768w\" sizes=\"auto, (max-width: 918px) 100vw, 918px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><strong><u>Distillate fuel inventories decreased by 3.3 million barrels<\/u><\/strong> week over week and are 9% below the five-year average for this time of year.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"918\" height=\"399\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/4-Ending-Stocks-of-Distillate-Fuel-Oil-3-27-2023.png\" alt=\"\" class=\"wp-image-9093\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/4-Ending-Stocks-of-Distillate-Fuel-Oil-3-27-2023.png 918w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/4-Ending-Stocks-of-Distillate-Fuel-Oil-3-27-2023-300x130.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/4-Ending-Stocks-of-Distillate-Fuel-Oil-3-27-2023-768x334.png 768w\" sizes=\"auto, (max-width: 918px) 100vw, 918px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><strong><u>Propane\/propylene inventories decreased by 2.3 million barrels<\/u><\/strong> week over week and are 37% above the five-year average for this time of year.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"918\" height=\"399\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/5-propane-and-propylene-excluding-terminal-3-27-2023.png\" alt=\"\" class=\"wp-image-9094\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/5-propane-and-propylene-excluding-terminal-3-27-2023.png 918w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/5-propane-and-propylene-excluding-terminal-3-27-2023-300x130.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/5-propane-and-propylene-excluding-terminal-3-27-2023-768x334.png 768w\" sizes=\"auto, (max-width: 918px) 100vw, 918px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><strong><u>Propane lost 12 cents per gallon week over week, closing at 74 cents a gallon, down 56 cents per gallon year over year.<\/u><\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"918\" height=\"399\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/6-Propane-Mont-Belvieu-Pricing-3-27-2023.png\" alt=\"\" class=\"wp-image-9095\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/6-Propane-Mont-Belvieu-Pricing-3-27-2023.png 918w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/6-Propane-Mont-Belvieu-Pricing-3-27-2023-300x130.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/6-Propane-Mont-Belvieu-Pricing-3-27-2023-768x334.png 768w\" sizes=\"auto, (max-width: 918px) 100vw, 918px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><strong><u>Overall, total commercial petroleum inventories decreased by 10.4 million barrels for the week ending March 17th, 2023.<\/u><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><u>U.S. crude oil imports averaged 6.2 million barrels per day<\/u><\/strong> during the week ending March 17th, 2023, a decrease of 45,000 barrels per day week over week. Over the past four weeks, <strong><u>crude oil imports averaged 6.2 million barrels per day<\/u><\/strong>, 0.4% less than the same four-week period last year. <strong><u>Total motor gasoline imports <\/u><\/strong>(including both finished gasoline and gasoline blending components)<strong><u> averaged 471,000 barrels per day, and distillate fuel imports averaged 222,000 barrels per day<\/u><\/strong> during the week ending March 17th, 2023.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"919\" height=\"401\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/7-US-imports-of-Crude-Oil-3-27-2023.png\" alt=\"\" class=\"wp-image-9096\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/7-US-imports-of-Crude-Oil-3-27-2023.png 919w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/7-US-imports-of-Crude-Oil-3-27-2023-300x131.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/7-US-imports-of-Crude-Oil-3-27-2023-768x335.png 768w\" sizes=\"auto, (max-width: 919px) 100vw, 919px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><strong><u>U.S. crude oil exports averaged 4.932 million barrels per day for the week ending March 17th, 2023, a decrease of -95 thousand barrels per day week over week.<\/u><\/strong> Over the past four weeks, crude oil exports averaged 4.738 million barrels per day.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"918\" height=\"399\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/8-US-Export-of-Crude-3-27-2023.png\" alt=\"\" class=\"wp-image-9097\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/8-US-Export-of-Crude-3-27-2023.png 918w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/8-US-Export-of-Crude-3-27-2023-300x130.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/8-US-Export-of-Crude-3-27-2023-768x334.png 768w\" sizes=\"auto, (max-width: 918px) 100vw, 918px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><u>U.S. crude oil refinery inputs averaged 15.4 million barrels per day<\/u><\/strong> during the week ending March 17, 2023 which was 21 thousand barrels per day less than the previous week\u2019s average.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"919\" height=\"399\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/8-US-Refiner-Net-Input-of-Crude-3-27-2023.png\" alt=\"\" class=\"wp-image-9098\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/8-US-Refiner-Net-Input-of-Crude-3-27-2023.png 919w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/8-US-Refiner-Net-Input-of-Crude-3-27-2023-300x130.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/8-US-Refiner-Net-Input-of-Crude-3-27-2023-768x333.png 768w\" sizes=\"auto, (max-width: 919px) 100vw, 919px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><strong>As of the writing of this report, WTI is poised to open at $69.60 up $0.34 per barrel from Monday\u2019s close.<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\" id=\"north-american-rail-traffic\"><strong><u>North American Rail Traffic<\/u><\/strong><\/h4>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong><em>Week Ending March 22nd, 2023.<\/em><\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><u>Total North American weekly rail volumes were down (-9.72%) in week 11<\/u><\/strong> compared with the same week last year. Total carloads for the week ending on March 22nd were 340,100, down (-3.83%) compared with the same week in 2022, while weekly intermodal volume was 283,429, down (-15.91%) compared to the same week in 2022. 7 of the AAR\u2019s 11 major traffic categories posted year-over-year<strong><u> decreases<\/u><\/strong> with the most significant decrease coming from Grain (-17.54%). The largest increase was from Motor Vehicles and Parts (+5.26%).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the east, <strong><u>CSX\u2019s total volumes were down (-7.13%)<\/u><\/strong>, with the largest decrease coming from Intermodal (-16.55%) and the largest increase from Grain (+15.27%).&nbsp; <strong><u>NS\u2019s volumes were down (-8.71%),<\/u><\/strong> with the largest decrease coming from Petroleum and Petroleum Products (-17.14%) and the largest increase from Grain (+9.38%).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the West, <strong><u>BN\u2019s total volumes were down (-14.07%)<\/u><\/strong>, with the largest decrease coming from Intermodal (-22.24%), and the largest increase coming from Motor Vehicles and Parts (+15.93%). <strong><u>UP\u2019s total rail volumes were down (-4.68%)<\/u><\/strong> with the largest decrease coming from Grain (-22.13%) and the largest increase coming from Petroleum and Petroleum Products (+12.76%).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In Canada, <strong><u>CN\u2019s total rail volumes were down (-12.17%)<\/u><\/strong> with the largest increase coming from Other (+22.35%) and the largest decrease coming from Intermodal (-29.78). <strong><u>CP\u2019s total rail volumes were down (-24.87%)<\/u><\/strong> with the largest decrease coming from Grain (-60.18%) and the largest increase coming from Motor Vehicles and Parts (+39.09%).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><u>KCS\u2019s total rail volumes were down (-13.07%)<\/u><\/strong> with the largest decrease coming from Coal (-18.41%) and the largest increase coming from Motor Vehicles and Parts (+22.54%).<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><a id=\"_msocom_1\"><\/a><strong>Source Data: AAR &#8211; PFL Analytics<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\" id=\"rig-count\"><strong><u>Rig Count<\/u><\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><u>North American rig count was down by -38 rigs week over week. U.S. rig count was up 4 rigs week over week<\/u><\/strong> and up by +88 rigs year over year. The U.S. currently has 758 active rigs. <strong><u>Canada\u2019s rig count was down by -42 rigs week-over-week<\/u><\/strong> and up by +25 rigs year over year. Canada\u2019s overall rig count is 165 active rigs.&nbsp; Overall, <strong><u>year over year, we are up +113 rigs collectively.<\/u><\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\" id=\"north-american-rig-count-summary\"><u><strong>North American Rig Count Summary<\/strong><\/u><\/h4>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"711\" height=\"106\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/9-Rig-Count-Summary-3-27-2023.png\" alt=\"\" class=\"wp-image-9099\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/9-Rig-Count-Summary-3-27-2023.png 711w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/9-Rig-Count-Summary-3-27-2023-300x45.png 300w\" sizes=\"auto, (max-width: 711px) 100vw, 711px\" \/><\/figure>\n<\/div>\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"796\" height=\"376\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/9-Rig-Count-Summary-Chart-3-27-2023.png\" alt=\"\" class=\"wp-image-9100\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/9-Rig-Count-Summary-Chart-3-27-2023.png 796w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/9-Rig-Count-Summary-Chart-3-27-2023-300x142.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/9-Rig-Count-Summary-Chart-3-27-2023-768x363.png 768w\" sizes=\"auto, (max-width: 796px) 100vw, 796px\" \/><\/figure>\n<\/div>\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\" id=\"a-few-things-we-are-keeping-an-eye-on\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\"><u>A few things we are keeping an eye on<\/u><\/mark><\/strong><\/h3>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong><em>We are watching Petroleum Carloads<\/em><\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><u>The four-week rolling average of petroleum carloads carried on the six largest North American railroads fell to 24,217 from 24,945<\/u>,<\/strong> which was a loss of -728 railcars week-over-week. <strong><u>Canadian volumes were mixed;<\/u> <\/strong>CN\u2019s shipments decreased by -4.8% week over week, and CP\u2019s volumes were higher by +3.8% week over week. <strong><u>U.S. shipments were lower across the board.<\/u> <\/strong>The NS had the largest percentage decrease and was down by -21%.<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><a><\/a><strong><em>We are watching Crude by Rail Out of Canada<\/em><\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><u>The Canadian Energy Regulator (\u201cCER\u201d) updated its monthly crude by rail numbers on March 22, 2023. For January 2023, <\/u><\/strong>Canada exported 120,075 barrels per day by rail (down by -6,123 barrels per day month over month); the weakest showing since February of 2021.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><u>We are expecting to see volumes increase as we head into April as the weather warms and producers begin to build inventory<\/u><\/strong> awaiting the arrival of the 590,000 barrel per day Trans Mountain Expansion.&nbsp; The pipeline will connect Alberta to Canada\u2019s West coast and is expected to come online sometime in Q1 of 2024 and is more than 80% complete. Line fill is expected to start towards the end of Q4.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><u>Crude by rail out of Alberta and Saskatchewan is popular for raw Bitumen <\/u><\/strong>(no dilutent added), as it can be shipped as a non-hazmat product resulting in lower shipping costs that are competitive with pipelines. <strong><u>Gibson currently operates a 50,000 barrel per day Dilutent Recovery Unit <\/u><\/strong>out of Hardisty Alberta and <strong><u>Cenovus is looking to add 200,000 barrels per day of capacity<\/u><\/strong> in four clips of 50,000 barrels per day each.&nbsp; This will mean a lot of rail cars are going to be needed.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><u>Before crude by rail out of Canada can come back in a meaningful way, supply needs to significantly exceed pipeline capacity and that is not happening right now.<\/u><\/strong>&nbsp; The latest basis numbers don&#8217;t work for traditional crude by rail out of Canada and with Enbridge accepting 100% of all nominations for April deliveries on decreased Alberta production.&nbsp;&nbsp; We have seen wider basis numbers that have worked albeit very briefly not allowing traders to lock in meaningful margins.&nbsp; <strong><u>WCS for May delivery settled on Friday of last week at US$14.50 below the WTI-CMA. The implied value was US$54.91<\/u><\/strong>. On Thursday of last week, it settled at US$14.80 below the WTI-CMA for May delivery. The implied value was US$55.32\/bbl.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"582\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/Canadian-Crude-Oil-by-Rail-3-27-2023-1024x582.png\" alt=\"\" class=\"wp-image-9087\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/Canadian-Crude-Oil-by-Rail-3-27-2023-1024x582.png 1024w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/Canadian-Crude-Oil-by-Rail-3-27-2023-300x171.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/Canadian-Crude-Oil-by-Rail-3-27-2023-768x437.png 768w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/Canadian-Crude-Oil-by-Rail-3-27-2023.png 1194w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong><em>We are watching Enbridge Line 5<\/em><\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><u>The seemingly never-ending battle over line 5 continues folks.<\/u><\/strong> Canada\u2019s Enbridge Inc. said on Thursday of last week that it was \u201cdisappointed\u201d by the U.S. Army Corps of Engineers\u2019 decision to extend the federal permitting process for the company\u2019s proposed Great Lakes Tunnel that would rehouse its Line 5 oil pipeline underneath the Straits of Mackinac.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"624\" height=\"465\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/Enbridge-Line-5.png\" alt=\"\" class=\"wp-image-9102\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/Enbridge-Line-5.png 624w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/03\/Enbridge-Line-5-300x224.png 300w\" sizes=\"auto, (max-width: 624px) 100vw, 624px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><strong><u>Enbridge said the move will delay its plan to replace a section of the existing Line 5 pipeline, which runs underwater for four miles (6.4 km) between Lakes Michigan and Lake Huron, and push back the start of construction until 2026.<\/u><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWhile we are supportive of a thorough, comprehensive and carefully considered permitting process that ensures adequate opportunity for review and comment, we are disappointed with the extended timeline for a project of this scope,\u201d Enbridge spokesman Ryan Duffy said in a statement last week.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Enbridge submitted an application to build the $750-million tunnel in 2020 to address concerns Line 5 could leak into the Great Lakes. <strong><u>The 70-year-old pipeline carries 540,000 barrels per day from Superior, Wisconsin, to Sarnia, Ontario, and is at the center of a long-running legal dispute between Enbridge and the State of Michigan, which says it should be shut down.<\/u><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Detroit District of the U.S. Army Corps of Engineers (USACE) is responsible for evaluating Enbridge\u2019s permit application and received more than 17,000 public comments during a scoping period that ended in October 2022, the USACE said in a statement.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong><u><mark style=\"background-color:rgba(0, 0, 0, 0);color:#086aa3\" class=\"has-inline-color\">We have been extremely busy at PFL with return-on-lease programs involving rail car storage instead of returning cars to a shop.&nbsp; A quick turnaround is what we all want and need. &nbsp;&nbsp;Railcar storage in general has been extremely active.&nbsp; Please call PFL now at 239-390-2885 if you are looking for rail car storage, want to troubleshoot a return on lease scenario, or have storage availability.&nbsp; Whether you are a car owner, lessor or lessee, or even a class 1 that wants to help out a customer we are here to \u201chelp you help your customer!\u201d<\/mark><\/u><\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center has-vivid-red-color has-text-color wp-block-paragraph\"><strong><u><strong><u>Leasing and Subleasing has been brisk as economic activity picks up. Inquiries have continued to be brisk and strong Call PFL Today for all your rail car needs 239-390-2885<\/u><\/strong><\/u><\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\">Lease Bids<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">\u2022 10, 286K 15.7K Tanks needed off of KCS in Texas for 1 Year. Cars are needed for use in Sulfuric Acid service. Needed Next few months<br>\u2022 150, 23.5K DOT 111 Tanks needed off of Any in LA for 2-3 Year. Cars are needed for use in Fluid service. Needed July<br>\u2022 25-50, 32K 340W Pressure Tanks needed off of NS or CSX in Marcellus for 1-2 Years. Cars are needed for use in Propane service.<br>\u2022 25-50, 30K DOT 111, 117, CPC 1232 Tanks needed off of CN or CP in WI, Sarnia for 1-2 Years. Cars are needed for use in Diesel service.<br>\u2022 25-50, 30K DOT 111, 117, CPC 1232 Tanks needed off of Any in Chicago for 1-2 Months. Cars are needed for use in Diesel service.<br>\u2022 100, 30K DOT 111, 117, CPC 1232 Tanks needed off of Any in Texas for 1 Year. Cars are needed for use in West Texas Sour service.<br>\u2022 25-50, 25.5K CPC1232 or 117J Tanks needed off of UP or BN in any location for 3-5 Years. Cars are needed for use in Heavy Fuel Oil service.<br>\u2022 40, 30K 117R or 117J Tanks needed off of CP in MN for 1 Year . Cars are needed for use in Ethanol service.<br>\u2022 10, 5200cf PD Hoppers needed off of UP in Colorado for 1-3 years. Cars are needed for use in Silica service. Call for details<br>\u2022 30-40, DOT 113 Tanks needed off of in for 5 Years. Cars are needed for use in CO2 service.<br>\u2022 70, 32K 340W Pressure Tanks needed off of CP or CN in Edmonton for 3 Years. Cars are needed for use in Propane service. <br>\u2022 200-300, 28.3K 117R or 117J Tanks needed off of CP or CN in Sarnia for 3 Years. Cars are needed for use in Fuel Oil service.<br>\u2022 30, 30K DOT 111 Tanks needed off of UP in Texas for 1-3 Years. Cars are needed for use in Diesel service.<br>\u2022 5-7, 28.3K 117R Tanks needed off of NS or CSX in NC for 1 Year. Cars are needed for use in UCO service.<br>\u2022 25-50, 5000-5100 Lined Hoppers needed off of BNSF, CSX, KCS, UP in Gulf LA for 3-10 years. Cars are needed for use in dry sugar service. 3 bay gravity dump<br>\u2022 25-50, 25.5K 117J Tanks needed off of NS CSX in NorthEast for 5 Years. Cars are needed for use in Asphalt\/Heavy Fuel Oil service.<br>\u2022 10-20, 20-25 CPC 1232 or 117J tanks needed off of UP CN in Illinois for 3-5 years. Cars are needed for use in Liquid feed service.<br>\u2022 100-150, 4000CF Covered Hoppers needed off of UP BN in Texas for Purchase or 5 years. Cars are needed for use in Aggregate service.<br>\u2022 25, 30K 117Rs or Js Tanks needed off of UP or BN in Texas for 1-2 Years. Cars are needed for use in Diesel service.<br>\u2022 25, 340W Pressure Tanks needed off of UP or BN in Texas for 1-2 Years. Cars are needed for use in Propane service.<br>\u2022 100, 28.3K 117, CPC 1232, DOT 111 Tanks needed off of Any in Midwest for 1-2 Years. Cars are needed for use in Fuel Oil service.<br>\u2022 25, 30K 117Rs or Js Tanks needed off of Any Class One in Midwest for 2-3 years. Cars are needed for use in Ethanol service.<br>\u2022 10, any capacity Stainless Steel Tanks needed off of any class 1 in Canada for 5-10 years. Cars are needed for use in Alcohol service.<br>\u2022 50-100, 25.5K CPC1232 or 117J Tanks needed off of Any in any location for 5 Years. Cars are needed for use in Veg Oil service. Unlined<br>\u2022 30-50, 30K 117 Tanks needed off of any class 1 in Northeast or Midwest for 1 Year. Cars are needed for use in C5 service. Must have Magrods<br>\u2022 10-12, 340W Pressure Tanks needed off of UP in Utah to Cali for 1 year. Cars are needed for use in propane service. Needs them in April 2023<br>\u2022 100-300, 31.8k CPC1232 or 117J Tanks needed off of various class 1s in Canada \/ US for 1-3 years. Cars are needed for use in Crude service. Various needs in the market to move crude immediately<br>\u2022 100 , 340W Pressure Tanks needed off of various class 1s in various locations for 6 months to a year. Cars are needed for use in Propane service. Immediate need<br>\u2022 100-200, 25.5K-28.3K 117J Tanks needed off of CN or CP in Edmonton for 3-6 Months. Cars are needed for use in Crude service. Dirty to Dirty.<br>\u2022 10-20, 340W Pressure Tanks needed off of CN or CP in Canada for 6 months to 1 year. Cars are needed for use in Propylene service. Immediate<br>\u2022 25, 20.5K CPC1232 or 117J Tanks needed off of BNSF or UP in the west for 1-3 years. Cars are needed for use in magnesium chloride service. SDS onhand<br>\u2022 10-100, 20K CPC1232 or 117J Tanks needed off of BNSF, CN or UP in the south or midwest for 5 years. Cars are needed for use in Urea Ammonium Nitrate service. CN Miss, BN Oklahoma, UP LA and Iowa- Must be lined<br>\u2022 10, 50-60 footers Plate F Boxcars needed off of CN and UP or BNSF in Texas in Tennessee &amp; Houston for 1 year. Cars are needed for use in Barium Sulfate service. Requires double door boxcars.<br>\u2022 Up to 60, 5150cf Covered Hoppers needed off of CN, CSX, NS in the east or midwest for 3 years. Cars are needed for use in Fertilizer service. 3-4 hatch gravity dumps<br>\u2022 40, 2400cf Gondolas needed off of various class 1s in Indiana for 6 Months. Cars are needed for use in Rock service. Call for details<br>\u2022 20-30, 14k Any Tanks needed off of BNSF, UP in Texas for 1-3 Years. Cars are needed for use in HCl service. Call for details<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong>Sales Bids<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">\u2022 10, 25.5K 117, DOT-111, CPC 1232 Tanks needed off of UP or BN in Texas. Cars are needed for use in Veg Oil service. Coiled and insulated<br>\u2022 5, 3200 Covered Hoppers needed off of UP or BN in Texas.<br>\u2022 2-4, 28K Tanks needed off of BNSF Preferred in Minnesota. Cars are needed for use in Biodiesel service. Coiled and insulated<br>\u2022 100, Plate F Boxcars needed off of BN or UP in Texas.<br>\u2022 20, 2770 Mill Gondolas needed off of CSX in the northeast. Cars are needed for use in non-haz soil service. 52-60 ft<br>\u2022 8, Hoppers needed off of various class 1s in various locations. Cars are needed for use in Plastic Pellet service.<br>\u2022 10, 4000 Hoppers needed off of CSX in the northeast. Cars are needed for use in scrap metal service. Open top hopper<br>\u2022 20-30, 3000 &#8211; 3300 PDs Hoppers needed off of BN or UP preferred in any location, but prefers the west. Cars are needed for use in Cement service. C612<br>\u2022 20, 17K Tanks needed off of various class 1s in various locations. Cars are needed for use in corn syrup service.<br>\u2022 100, 15.7K DOT 111 Tanks needed off of CSX or NS in the east. Cars are needed for use in Molten Sulfur service.<br>\u2022 30, 17K-20K DOT 111 Tanks needed off of UP or BN in Texas. Cars are needed for use in UAN service.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong>Lease Offers<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">\u2022 100-200, 31.8, 1232` Tanks located off of BN in Chicago. Cars are clean Sale or Lease<br>\u2022 70, 25.5K, 117J Tanks located off of UP in Texas. Cars are clean Call for information<br>\u2022 50, 31.8K, CPC1232 Tanks located off of various class 1s in Texas. Cars were last used in Diesel. Call for information<br>\u2022 150, 30K, DOT111 Tanks located off of various class 1s in various locations. Cars were last used in Ethanol. Call for information<br>\u2022 100, 6400CF, Covered Hoppers located off of NS or CSX in NY. Cars are clean Brand New and available for Sublease for 6-7 Months<br>\u2022 30, 23.5K, DOT 111 Tanks located off of UP or BN in Texas. Cars were last used in Clean\/UAN.<br>\u2022 25-100, 17.6K, Dot 111 Tanks located off of UP or BN in Midwest. Cars were last used in Fertilizer\/Corn syrup. Free Move<br>\u2022 20, 20, Dot 111 Tanks located off of CSX in GA. Cars are clean<br>\u2022 2, 20, Dot 111 Tanks located off of UP in TX. Cars are clean<br>\u2022 5, 20, Dot 111 Tanks located off of UP in Tx. Cars were last used in Sulfuirc Acid. Free Move<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\">Sales Offers<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">\u2022 100, 28.3K, 117J Tanks located off of various class 1s in multiple locations. Clean<br>\u2022 100, 30K, DOT 111 Tanks located off of various class 1s in multiple locations. Clean<br>\u2022 100-200, 31.8K, CPC 1232` Tanks located off of BN in Chicago. Sale or Lease<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Call PFL today to discuss your needs and our availability and market reach. Whether you are looking to lease cars, lease out cars, buy cars or sell cars call PFL today at 239-390-2885<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><strong>PFL offers turn-key solutions to maximize your profitability.&nbsp;<\/strong>Our goal is to provide a win\/win scenario for all and we can handle virtually all of your railcar needs. Whether it\u2019s&nbsp;<strong><u>loaded storage, empty storage, subleasing or leasing excess cars, filling orders for cars wanted,&nbsp;<a href=\"https:\/\/youtu.be\/tcf2z1riziI\" target=\"_blank\" rel=\"noreferrer noopener\">mobile railcar cleaning<\/a>, blasting,&nbsp;<a href=\"https:\/\/pflpetroleum.com\/railcarmaintenanceandrepair.html\" target=\"_blank\" rel=\"noreferrer noopener\">mobile railcar repair<\/a>, or&nbsp;<a href=\"https:\/\/pflpetroleum.com\/railcarscrapping.html\" target=\"_blank\" rel=\"noreferrer noopener\">scrapping<\/a>&nbsp;at strategic partner sites,&nbsp;<\/u><\/strong>PFL will do its best to assist you. PFL also assists fleets and lessors with<a href=\"https:\/\/pflpetroleum.com\/railcarleasingandsales.html\" target=\"_blank\" rel=\"noreferrer noopener\">&nbsp;leases and sales<\/a>&nbsp;and offers&nbsp;<strong>Total Fleet Evaluation Services.&nbsp;<u>We will analyze your current leases, storage, and company objectives&nbsp;<\/u><\/strong>to draw up a plan of action.&nbsp;<strong><u>We will save Lessor and Lessee the headache and aggravation of navigating through this rapidly changing landscape<\/u><\/strong><\/strong>.<\/p>\n\n\n\n<p class=\"has-text-align-center has-vivid-red-color has-text-color wp-block-paragraph\"><strong><u><strong><u><strong><u>PFL IS READY TO CLEAN CARS TODAY ON A MOBILE BASIS WE ARE CURRENTLY IN EAST TEXAS<\/u><\/strong><\/u><\/strong><\/u><\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<style>\r\n    #map {\r\n        height: 600px;\r\n        width: 100%;\r\n    }\r\n    #filterBar {\r\n        text-align: center;\r\n        margin: 20px 0;\r\n    }\r\n    table {\r\n        width: 100%;\r\n        border-collapse: collapse;\r\n        margin-top: 10px;\r\n        font-family: sans-serif;\r\n    }\r\n    th {\r\n        background-color: #020f52;\r\n        color: white;\r\n        padding: 8px;\r\n        border: 1px solid #ccc;\r\n        text-align: left;\r\n    }\r\n    td {\r\n        padding: 8px;\r\n        border: 1px solid #ccc;\r\n    }\r\n    tbody tr:nth-child(odd) {\r\n        background-color: #f9f9f9;\r\n    }\r\n    tbody tr:nth-child(even) {\r\n        background-color: #e8e8e8;\r\n    }\r\n    tr:nth-of-type(odd){background-color:#d7f6f7}\r\n    td{border:1px solid #ccc;padding:8px}\r\n#map{height:350px;max-width:100%}#dataTable,table{border-collapse:collapse;width:100%;height:400px;display:block;overflow:hidden;overflow-y:auto}th{background-color:#020f52;color:#fff;text-align:center;position:sticky;top:0},tr{border:1px solid #000}<\/style>\r\n<h3 align=\"center\">Live Railcar Markets<\/h3>\r\n            <style>.custom-table{width:100%;border-collapse:collapse}.custom-table td,.custom-table th{border:1px solid #ccc;padding:8px}body{margin:0;padding:0}.tab-container{display:flex}.tab{cursor:pointer;padding:10px;border:1px solid #ccc}.tab.active{background-color:#f0f0f0}.table-container{max-height:400px;overflow-y:auto}<\/style>\r\n                <div class=\"tab-container\">\r\n        <div class=\"tab active\" onclick='showTable(\"leaseOfferTable\", this)'>Lease Offers<\/div>\r\n        <div class=\"tab\" onclick='showTable(\"leaseBidsTable\", this)'>Lease Bids<\/div>\r\n        <div class=\"tab\" onclick='showTable(\"salesOffersTable\", this)'>Sales Offers<\/div>\r\n        <div class=\"tab\" onclick='showTable(\"salesBidsTable\", this)'>Sales Bids<\/div>\r\n    <\/div>\r\n    <div class=\"table-container\">\r\n        <table id=\"leaseOfferTable\" class=\"custom-table\" style=\"display:table\">\r\n            <thead>\r\n                <tr><th>CAT<\/th><th>Type<\/th><th>Capacity<\/th><th>GRL<\/th><th>QTY<\/th><th>LOC<\/th><th>Class<\/th><th>Prev. Use<\/th><th>Offer<\/th><th>Note<\/th><\/tr>\r\n            <\/thead>\r\n            <tbody><\/tbody>\r\n        <\/table>\r\n    <\/div>\r\n    <div class=\"table-container\">\r\n        <table id=\"leaseBidsTable\" class=\"custom-table\" style=\"display:none\">\r\n            <thead>\r\n                <tr><th>CAT<\/th><th>Type<\/th><th>Size<\/th><th>GRL<\/th><th>QTY<\/th><th>LOC<\/th><th>Class1<\/th><th>Term<\/th><th>Commodity<\/th><th>Offer<\/th><th>Note<\/th><\/tr>\r\n            <\/thead>\r\n            <tbody><\/tbody>\r\n        <\/table>\r\n    <\/div>\r\n    <div class=\"table-container\">\r\n        <table id=\"salesOffersTable\" class=\"custom-table\" style=\"display:none\">\r\n            <thead>\r\n                <tr><th>CAT<\/th><th>Type<\/th><th>Capacity<\/th><th>GRL<\/th><th>QTY<\/th><th>LOC<\/th><th>Class<\/th><th>Prev. Use<\/th><th>Clean<\/th><th>Offer<\/th><th>Note<\/th><\/tr>\r\n            <\/thead>\r\n            <tbody><\/tbody>\r\n        <\/table>\r\n    <\/div>\r\n    <div class=\"table-container\">\r\n        <table id=\"salesBidsTable\" class=\"custom-table\" style=\"display:none\">\r\n            <thead>\r\n                <tr><th>CAT<\/th><th>Type<\/th><th>Capacity<\/th><th>GRL<\/th><th>QTY<\/th><th>LOC<\/th><th>Class1<\/th><th>Commodity<\/th><th>Offer<\/th><th>Note<\/th><\/tr>\r\n            <\/thead>\r\n            <tbody><\/tbody>\r\n        <\/table>\r\n    <\/div>\r\n\r\n    <script>\r\n    function showTable(tableId, tabElement) {\r\n        const tables = document.querySelectorAll(\".custom-table\");\r\n        tables.forEach(table => table.style.display = \"none\");\r\n        document.getElementById(tableId).style.display = \"table\";\r\n        const tabs = document.querySelectorAll(\".tab\");\r\n        tabs.forEach(tab => tab.classList.remove(\"active\"));\r\n        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'leaseOfferTable');\r\n    fetchData('https:\/\/manifest.pflpetroleum.com\/api\/lease_bids.php', 'leaseBidsTable');\r\n    fetchData('https:\/\/manifest.pflpetroleum.com\/api\/sales_offer.php', 'salesOffersTable');\r\n    fetchData('https:\/\/manifest.pflpetroleum.com\/api\/sales_bids.php', 'salesBidsTable');\r\n    <\/script>\n","protected":false},"excerpt":{"rendered":"<p>We are expecting to see volumes increase as we head into April as the weather warms and producers begin to build inventory<\/p>\n","protected":false},"author":3,"featured_media":8845,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-9086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-railcar-report"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The PFL Railcar Market Report for March 27th, 2023<\/title>\n<meta name=\"description\" content=\"We are expecting to see volumes increase as we head into April as the weather warms and producers begin to build inventory\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-3-27-2023\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Curtis Chandler\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"18 minutes\" \/>\n<script type=\"application\/ld+json\" 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