Carbuilders remain cautious: Cowen and Company
Written by William C. Vantuono, Editor-in-ChiefAt Cowen and Company’s Eighth Annual Global Transportation Conference, analyst Matt Elkott hosted a railcar outlook and overview discussion panel featuring Railroad Financial Corp. President and Railway Age Financial Editor David Nahass, Northeast Logistics Systems LLC Founder and Principal Richard Flynn, and National Steel Car Senior Vice President Marketing and Sales Bob Pickel.
“Our railcar panelists remain cautious on rail equipment but slightly more optimistic about the industrial economy,” says Elkott. “The broader economy is still tepid, and surface transport companies remain focused on controlling costs, limiting capex and searching hard for growth opportunities.”
To view the complete video of the railcar builder panel, click HERE.
