The total size of the North American rail equipment fleet once again held steady during the second quarter of 2014. The total equipment count was 2,001,132 compared to 1,982,785 during the first quarter of 2014, resulting in a 0.9 percent increase from the previous quarter.
The three largest segments again were covered hoppers (26 percent), tank cars (19 percent) and gondolas (13 percent).
Group increases over the previous quarter were led by box cars (3.5 percent), intermodal (1.6 percent) and tanks (1.5 percent). The only declines during the second quarter were in IM flats, gondolas and miscellaneous, which each decreased less than one percent.
The total count of equipment in the revenue-earning fleet currently stands at just under 1.54 million. The revenue-earning fleet is a subset of the North American rail fleet that is largely composed of freight cars that can be used in interchange service and against which an interline waybill can be placed. The revenue-earning fleet of freight cars is made up of six sub-fleets: box cars, covered hoppers, flats, gondolas, open hoppers and tank cars. It excludes locomotives, intermodal trailers and containers, maintenance-of-way equipment and end-of-train devices.
Click play on the video below to watch quarterly video commentary from Railinc's David Humphrey.
Data Source: Railinc Umler® System. Data represents all equipment units on file, including pre-registered, restricted and scrap units.
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