Railroad Car Rental & Leasing
Over the five years to 2018, the Railroad Car Rental and Leasing industry has expanded alongside the broader economy. Industry operators own the majority of railcars in the United States; therefore, an increase in demand for railcars typically leads to a jump in demand for industry services. As the economy recovered from the recession that constrained the previous five-year period, industrial, construction and trade activity began to improve, bolstering demand for raw materials and commodities. Consequently, rail freight volumes climbed and demand for railcars reemerged. Over the five years to 2023, continued economic growth and increasing shale oil and gas production are anticipated to continue driving demand for railcar leases. Growing industrial production and construction activity will push up commodity and raw-material freight volumes on railroads, while climbing international trade will drive demand for flatcar leases because they transport intermodal containers that shipping companies use.
Companies operating in this industry rent or lease railroad cars to customers who move freight across railroads. Renting or leasing railcars enables downstream customers to avoid incurring the capital costs of purchasing a railcar from a manufacturer.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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