|  Clifton Linton

LPG Rail Car Lease Rates Edge Higher; Demand Light

by Clifton Linton, Editor, Energy Transport Insider

LPG rail car lease rates edged higher this week, but spot market activity has been light. The big concern in the market is whether North America will see an early start to the winter.

Short-term leases (trip leases and half-winter leases) were showing interest from $100/month to $600/month. One market source noted he had an interest for cars at $600/month, but that was only if the cars were positioned correctly.

One reason for the big swings in the short-term lease market is the limited supply of cars in revenue service. The market can quickly swing from glut to shortag...

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