|  Christine Marie Nielsen

LPG Tank Car Activity Focused on Wrapping Up Year and 2018

Short term liquefied petroleum gas (LPG) tank car sublease rates fell slightly in the latest week as planning for the coming year became a focus.

One broker firm noted in written commentary to its customers this week that the fourth quarter is almost over and it is “ending with a flurry of activity and last-minute deals in all sectors as the industry is repositioning their fleet for next year,” and “most folks playing in the tank car space have all of their cars being returned between right now and two years out.”

Echoing sentiments that Energy Transport Insider reported last week, the broker firm also said the firm’s Western Canadian clients have been dealing with “a strai...

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