Todd Maiden
Tuesday, June 9, 2020
Railcars in storage spike in May
The active railcar fleet fell by 25% in May. Multiple headwinds face railcar demand, but volumes may be turning a corner.
The active railcar fleet fell by 25% in May. Multiple headwinds face railcar demand, but volumes may be turning a corner.
North American Class I carloads increased year-over-year in week 47 on a favorable comp. The prior four-week average remains weak.