What Does Decreasing Boxcar Fleet Mean for U.S. Capacity?
What Does Decreasing Boxcar Fleet Mean for U.S. Capacity? Blog / By Green Shipping Line Box cars are an aging technology that is still relied upon by many shippers. Steve Raetz, from the Transportfolio blog , described in depth the situation in his recent post. Here’s a portion of the article: The story of the disappearing boxcars seems to be one that is best understood through the data and in the eyes of individual shippers and the industries that leverage these assets. The current boxcar fleet consists of 115,000 cars; 65,276 boxcars will retire over the next 15 years. But new technologies, such as newer boxcars with higher freight capacities, are slowly replacing the older versions. At the same time, this isn’t an absolute solution; older infrastructure can’t handle the larger freight cars, especially in the northeast. Railroads own more than 75% of all boxcars; the average age of these boxcars is close to 30 years. Privately-owned boxcars account for 22% of the mar...




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