FREIGHT CAR MARKETS FACE PIVOTAL YEAR

In a recent interview with Modern Railroads Jack Edwards, acting president of Itel Rail Corporation states that without reinvestment in cars, a supply-driven car shortage is possible. He maintains, however, that there is no assurance that any wholesale re-equipping will occur in 1991, given insuffucuent rates of return on many cars and the uncertainty of world and national events. He identified four major economic/political factors that will have a direct bearing on freight markets: 1) the outcome of stalled General Agreement on Tariffs and Trade (GATT) talks; 2) the recession and the overall economic conditions; 3) the Middle East situation; and 4) the prospect of continued loss of rail market share due to possible increases in truck sizes and weights.

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  • Corporate Authors:

    K-III Press, Incorporated

    424 West 33rd Street
    New York, NY  United States  10001
  • Publication Date: 1991-2

Media Info

  • Features: Figures;
  • Pagination: vp
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00608409
  • Record Type: Publication
  • Files: TRIS
  • Created Date: May 31 1991 12:00AM