Energy Transport Insider’s Quarterly Reports discuss the trends that shaped the previous quarter and look ahead at trends influencing the coming months. These updates dive deep into the numbers – lease prices, underlying commodity prices, currency and interest rate trends. Talking to respected industry analysts we give you a more complete look at the trends shaping the industry.
Quarterly reports are published in January, April, July, and October.
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October 2018 Quarterly Report: GP and LPG Tank Car Sublease Rates at Levels Not Seen Since 2013-2014
Liquefied petroleum gas (LPG) and crude oil tank car lease rates rallied in the third quarter, with prices reaching levels not seen since the winter of 2013-2014 when the Polar Vortex became the talk of the season. This time around, tank car prices are at their highs well before the onset of winter. The factors driving general purpose tank car sublease rates differ from those driving pressure tank car sublease rates.