Expect Fewer Railroad Cars

By Purchasing Staff -- Purchasing, 4/30/2009 2:00:00 AM

Rail demand in North America is catatonic and there are few reasons for optimism based on current activity levels, says analyst Randy Cousins at BMO Capital Markets in Toronto. Railroading is a capital-intensive business but the capacity is flexible, he says, so buyers can expect to see reduced availability of rail cars from major freight carriers as the year progresses.

Average Rating:

(0)

Rate this:

Talkback

We would love your feedback!

Gerdau Ameristeel to shut New Jersey steel mills

06/08/2009

Rail freight shipments down 15% this year

03/29/2009

Rails May Stifle Trucks

08/13/2008

Continued fall in rebar prices probable in weak market

04/08/2009

ITC removes some dumping tariffs

04/24/2007

Also by this author

»MORE

Featured Company

EMC

EMC Corporation is the world's leading developer and provider of information infrastructure technology and solutions for industries worldwide. EMC creates complete information environments that are reliable, efficient, and secure. The result is... more
Getty Images

Getty Images is the world's leading creator and distributor of still imagery, footage and multi-media products, as well as a recognized provider of other forms of premium digital content, including music. Getty Images serves business customers in... more
Global Data Mining

GDM specializes in global trade data, and helps provide global trade data and enterprise-wide data solutions to help importers and exporters around the world optimize & automate global trade processes.Working closely with the Content Specialists of... more
eWaste

e-Waste, is an end-of-life, technology asset management company that assists clients in the disposal of their technology in a safe, secure and responsible manner. e-Waste has the depth of experience and breadth of capabilities to effectively... more