In past weeks we have discussed the advantages of performing an evaluation of, and possible implementation of upgrades to freight railcar fleets during this period of reduced demand for so many industries. Now is a good time to buy or sell railcars.
Another obvious asset that is often overlooked is an industry’s on-site rail infrastructure. There is no better time to perform upgrades and replacement to site rail features than a period of reduced demand when in-and-out switches and car movement are lessened. And, depending upon the area of the Nation involved, this may be the best time to engage skilled contractors to expand or simply repair your infrastructure.
Maybe you aren’t planning any changes or improvements to your rail system; it may be the perfect time to have an experienced track professional inspect your facility and perhaps catch that emerging issue early so that it does not interrupt operations once business rebounds.
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