Joanna Marsh
Thursday, April 30, 2020
Headwinds put pressure on Trinity’s leasing rates
The drop in North American rail traffic could push railcar leasing rates lower.
The drop in North American rail traffic could push railcar leasing rates lower.
Spare aircraft engine dispositions stave off weakened demand for railcars in North America.
With rail traffic lower year-over-year and PSR initiatives in full swing, it’s understandable that soft railcar demand attracted attention at an investor conference.