Out of the Desert and into a New Rail-World Order

This article explores the future of rail freight, particularly focusing on the pricing outlook and railcar market stabilization. The authors predict continued growth in intermodal volumes as well as solid industrial activity that will boost traffic and offset a projected weakness in coal and automotive. An improved pricing outlook is reflected in a prediction by The Third-Quarter 2017 Railroad Shipper Survey that rail pricing will be up 3.2% over the next 6 to 12 months. Tightening truckload market trends and an underlying solid macroeconomic backup appear to play an important role in the near-term pricing dynamics. The year's third quarter saw stability in railcar demand, with strength in mid-sized and small-cube covered hoppers, intermodal equipment and Class F cars offset by modest weaknesses in boxcars, hi-cube covered hoppers and tank cars. It is predicted that railcar deliveries will expand from 49,500 in 2019 to 60,000 in 2022.

  • Availability:
  • Authors:
    • Vantuono, William C
    • Seidl, Jason
  • Publication Date: 2017-12

Language

  • English

Media Info

  • Media Type: Print
  • Features: Photos;
  • Pagination: pp 24-27
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 01680597
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jun 1 2018 2:44PM