It’s a common scenario, you’re already late for work and traffic just seems to be adding minutes to that delay.
You get close to a railroad crossing just as the red lights flash and the gates start to fall. Instead of stopping and waiting for the train to pass, you stomp the gas pedal and barely make it through the crossing.
Read More: http://www.picayuneitem.com/2017/06/racing-rail-cars-is-a-dangerous-game/
Rail freight traffic continued its recovery, as volume rose consistently during 2017’s first 20 weeks and registered a solid gain for the week ending May 20, the Association of American Railroads reported.
For this week, total U.S. weekly rail traffic was 534,922 carloads and intermodal units, up 5.5 % compared with the same week last year.
Coal again led just three of 10 tracked commodity groups posting on-year carload gains for the week ending April 15, according to the Association of American Railroads.
Total U.S. weekly rail traffic was 519,318 carloads and intermodal units, a gain of 3.9% from the same week in 2016, which did not include the Good Friday holiday. Read More...
According to new research from Market Reports World, the railcar leasing market in North America is expected to grow at a CAGR of 9.01% from 2017 to 2021.
The railcar leasing market is involved in the leasing of railcars to shippers and rail freight operators. The contract term varies from two to 20 years. The contract is made under a given lease rate that provides the lessors with the expected amount of returns over the duration. The majority of railcars are private cars owned by the railcar leasing companies that are leased to the rail freight operators and shippers. Railcar leasing companies enter a lease contract with the lessees (shippers and freight operators), which can be for a duration of two to five years or even for 20 years. The contract is made under a given lease rate, which provides the lessors with the expected amount of returns over the duration.
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