New tank car demand is growing and demand for pressure cars, used to haul liquefied petroleum gas (LPG), is one of the strongest segments in tank car building, says Richard Kloster, senior vice president and chief commercial officer with AllTranstek, LLC. His tank car fleet assessments and forecasts are widely watched in the rail industry.
AllTranstek touts itself as the largest commercial rail transport management and consulting company in North America. Kloster took a few minutes this week to field five questions from Energy Transport Insider about the current environment for tank cars.
Question: What are the top issues ahead for the tank car, LPG car market?
Kloster: Weak fr...