railcars

Private venture fund invests in auto empties game

A photograph of auto railcars traveling on railroad track.

A private venture fund has invested in a supply chain management company with technology that could help shippers and rail companies better utilize empty auto railcars on return trips.

GameAbove Capital said Tuesday it has taken an equity stake in Pro-Tech Group, a company specializing in transportation, warehousing and logistics solutions. Both companies are located in Michigan. 

Pro-Tech’s technology consists of a patented freight container loading system in which a bi-directional loading...

https://s29755.pcdn.co/news/private-venture-fund-invests-in-auto-empties-game

Commentary: What are best practices for private railcar storage?

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.  

Here are things the regulators don’t tell you about marshaling and storing freight cars.

Such as how to detect rail head wear. Most railroad executives would not know how to do this

Jim Blaze rail accident investigation PowerPoint notes  1999-2015

This commentary will include a few pointers that your favorite Class 1 railroad salesperson won’t typically pass on as...

https://s29755.pcdn.co/news/commentary-what-are-best-practices-for-private-railcar-storage

Railcars in storage spike in May

Railcars at a yard

After hovering around the 400,000-unit mark all year, railcars in storage spiked 25% in May to 520,729. This was the one of many takeaways from the Association of American Railroads’ (AAR) June report.

As of June 1, 31.2% of the 1.67 million North American freight car fleet were in storage. The AAR considers a car in storage if it hasn’t hauled a load in the past 60 days and has moved empty since carrying its last load.

A soft industrial economy, exacerbated by COVID-19-related manufacturing...

https://s29755.pcdn.co/news/railcars-in-storage-spike-in-may

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