EPA Car Building Report

In its most recent freight car building report the Economic Planning Associates (EPA) said it expects orders this year to fall to around 50,000 cars, down from 2012’s 58,900, then in 2014 rebound strongly and experience steady growth through 2018.  EPA estimates that railcar deliveries will rebound to 59,800 cars in 2014, then increase to 63,500 in 2015 and finally 66,500 in 2018.

Due to the ever increasing volumes of oil and petroleum products being transported, tank cars will continue to be the dominant force in overall demand.  In the second quarter of 2012 tank cars accounted for 83.5%  of the total orders, 58.3% in the third quarter and 61.8% of the orders in the fourth quarter. 

EPA Car Building Report

In its most recent freight car building report the Economic Planning Associates (EPA) said it expects orders this year to fall to around 50,000 cars, down from 2012’s 58,900, then in 2014 rebound strongly and experience steady growth through 2018.  EPA estimates that railcar deliveries will rebound to 59,800 cars in 2014, then increase to 63,500 in 2015 and finally 66,500 in 2018.

Due to the ever increasing volumes of oil and petroleum products being transported, tank cars will continue to be the dominant force in overall demand.  In the second quarter of 2012 tank cars accounted for 83.5%  of the total orders, 58.3% in the third quarter and 61.8% of the orders in the fourth quarter. 

Diesel Prices Fall Again

According to the Department of Energy’s Information Administration’s report released January 8, 2013 the average price per gallon of diesel fuel fell 0.7 cents to $3.911 per gallon.  This is the sixth week in a row that the average price has fallen.  However, the average price is up 8.3 cents compared to last year at this time.  The EIA is calling for diesel prices to average $3.84 in 2013 according to their updated short-term energy outlook.

Diesel Prices Fall Again

According to the Department of Energy’s Information Administration’s report released January 8, 2013 the average price per gallon of diesel fuel fell 0.7 cents to $3.911 per gallon.  This is the sixth week in a row that the average price has fallen.  However, the average price is up 8.3 cents compared to last year at this time.  The EIA is calling for diesel prices to average $3.84 in 2013 according to their updated short-term energy outlook.

EIA Fuel Report: Jan. 4, 2013

According to the U.S. Energy Information Administration’s report released January 4, 2013 the national average diesel price decreased less than a penny to remain at $3.92 per gallon.  The current national average diesel fuel price is 14 cents higher than last year at the same time, however has decreased 12 cents in the last five weeks. Read More

EIA Fuel Report: Jan. 4, 2013

According to the U.S. Energy Information Administration’s report released January 4, 2013 the national average diesel price decreased less than a penny to remain at $3.92 per gallon.  The current national average diesel fuel price is 14 cents higher than last year at the same time, however has decreased 12 cents in the last five weeks. Read More

Diesel Prices Decrease

According to the Department of Energy’s Energy Information Administration, diesel prices fell for the tenth time in the last 11 weeks.  The average price per gallon dropped 0.5 cents to $3.918 per gallon for the week of December 31, 2012.  Compared to last year, the average price per gallon is up 13.5 cents.

EIA is calling for diesel prices to average $3.97 per gallon in 2012, and $3.84 in 2013 in their short-term energy outlook.

Diesel Prices Decrease

According to the Department of Energy’s Energy Information Administration, diesel prices fell for the tenth time in the last 11 weeks.  The average price per gallon dropped 0.5 cents to $3.918 per gallon for the week of December 31, 2012.  Compared to last year, the average price per gallon is up 13.5 cents.

EIA is calling for diesel prices to average $3.97 per gallon in 2012, and $3.84 in 2013 in their short-term energy outlook.

Happy Holidays

During the holiday season more than ever, our thoughts turn gratefully to those who have made our progress possible.

It is in this spirit we say, simply but sincerely…
Thank you and Best Wishes for the Holiday Season!