The North American railroad industry is about 190 years old. According to the railroad industry, there were over 1,620,000 railcars in North America at the beginning of 2020.
However, earlier this year it was estimated that as many as 24% of North America’s railcars were “parked” or in storage of one kind or another. That percentage has no doubt fluctuated throughout a year that has been heavily impacted by the global pandemic and economic dislocations.
Of the 1.62 million railcars in North...
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