Despite a higher average age, the revenue-earning fleet comprises mostly “young” freight car sub-fleets, based on a 50-year life span.
The proverbial ounce of prevention is worth more than any cure when it comes to keeping heavy tonnage on track.
What the sudden surge in orders means for carbuilders and their customers. A giant bulge in freight car orders in this year’s first quarter sent waves of optimism through an industry that is the bedrock of the railway supply business. There were also undercurrents of concern.