Last month, Railinc Senior Data Scientist David Humphrey presented the 2021 railcar and locomotive reviews at the virtual Rail Equipment Finance Conference. Corporate Communications sat down with David post-conference to delve into some of the most significant takeaways from this year’s data.
Corporate Communications (CC): What were some of the important trends that you touched on when presenting this year’s reviews?
The North American rail equipment fleet maintained its total size during the first quarter of 2021. The total equipment count was 2,095,846, for a change of 0 percent.  The four largest segments during the quarter were Covered Hoppers (29 percent), Tank Cars (22 percent) and Gondolas and Intermodal (10 percent).  Five car groups increased from the last quarter, led by EOTs and Box Cars, up 3.2 percent and 0.8 percent, respectively. Misc. and…
The number of carloads moved on short line and regional railroad in March 2021 was up compared to March 2020. Carloads originated increased 6.8 percent, from 345,894 in March 2020 to 369,389 in March 2021.  Metallic Ores led gains with a 44.8 percent increase. Coal was up 40.9 percent and Trailer and Container and Grain increased 21.3 and 21.2 percent respectively. Crushed Stone, Sand and Gravel led declines, down 12.8 percent. Chemicals,…
The number of carloads moved on short line and regional railroad in February 2021 was down compared to February 2020. Carloads originated decreased 5.4 percent, from 313,089 in February 2020 to 296,027 in February 2021.  Coal led gains with a 42.3 percent increase. Grain was up 23.0 percent, and Trailer and Container increased 1.4 percent. Crushed Stone, Sand and Gravel led declines, down 42.5 percent. Chemicals, Food and Kindred Products,…
Railinc Director of Business Solutions Ward Proctor has been recognized as a 2021 Pro to Know by Supply & Demand Chain Executive magazine. This award recognizes outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chain for competitive advantage. “It’s an honor to be recognized among this year’s prestigious class of Pros to Know by…
The number of carloads moved on short line and regional railroad in January 2021 was up compared to January 2020. Carloads originated increased 0.8 percent, from 334,637 in January 2020 to 337,206 in January 2021.  Grain led gains with a 46.1 percent increase. Coal was up 28.9 percent, and Stone, Clay and Glass Products and Lumber and Wood Products increased 2.2 percent and 1.8 percent, respectively. Metallic Ores led declines, down 28.2…
The total size of the North American rail equipment fleet was down slightly during the fourth quarter of 2020. The total equipment count was 2,095,504 for a decrease of 0.5 percent.  The four largest segments during the quarter were Covered Hoppers (29 percent), Tank Cars (22 percent) and Gondolas and Intermodal (10 percent).  Two car groups increased from the last quarter, Intermodal and EOTs, up 0.5 and 0.4 percent, respectively. Box Cars…
The number of carloads moved on short line and regional railroad in December 2020 was up compared to December 2019. Carloads originated increased 4.5 percent, from 323,813 in December 2019 to 338,284 in December 2020.  Grain led gains with a 46.4 percent increase. Grain Mill Products was up 18.0 percent, and Waste and Scrap Materials and Stone, Clay and Glass Products increased 16.3 and 10.5 percent respectively. Nonmetallic Minerals led…