Rail volume growth in 2023 could still benefit railcar manufacturers and lessors because of the pent-up demand for rail service, GATX executives said during an earnings call to discuss second-quarter 2022 financial results.
“We really feel like there is a lot of freight on the sidelines right now that wants to go by rail, and we feel that ultimately railroad service is holding that back,” Paul Titterton, president of GATX Rail North America, said Thursday. “So, in past situations where we had...
https://www.freightwaves.com/news/tight-railcar-market-benefits-lessors-like-gatx-executives-say