Over the past five years, the Railroad Car Rental and Leasing industry has gone from bust to boom. In the immediate aftermath of the recession, many operators began to scale back their railcar fleets as rail freight volumes fell, reducing demand for railcar leases. However, as the economy recovered, 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. In the coming years, continued economic growth and increasing shale oil and gas production are anticipated to driving demand for railcar leases.
Companies operating in this industry rent or lease railroad cars to customers who move freight across railroads. Renting or leasing railcars allows 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.