In past weeks we have focused on the opportunities industries have at this time to plan for and implement changes to their rail freight program. We have talked about fleet upgrades and also the benefit of evaluating on-site rail infrastructure when the demand for service is lower. And it is lower; according to the American Association of Railroads, railcar loadings in North American were approximately lower by 20% in the week ended June 27. That is a big drop, and we know this was not evenly distributed across product lines. One other item that could be considered at this time is how to take advantage of the new North American trade pact that took effect on July 1st (the “USMCA”). According to President Trump; “USMCA is a great deal for all three countries, solves the many deficiencies and mistakes in NAFTA, greatly opens markets to our farmers and manufacturers, reduces trade barriers to the U.S. and will bring all three Great Nations together in competition with the rest of the world.”
So how to take advantage of this? Whether you use rail for inbound materials and components or for outbound products (or both), there must be a partner you could connect with or do more business within these three nations on better terms than was possible before. So, this is the perfect time to think about your use of railcar shipments to improve your bottom line.
Welcome to the leading “one-stop” site for railcar solutions! Whether you need to buy, lease, sell or store your rail cars, call upon our experts in the ever-changing marketplace. We serve all rail-related industries.
Railcar Specialists – Our mission is to match each customer with a railcar solution that meets or exceeds its requirements, under the best terms available. Information@RailCarDeals.com