Rail-car leasing market is healthier but harder to predict, CIT’s Lytle says

7/28/2021
The ongoing dearth of new rail-car builds will continue amid challenges, CIT Rail President Jeff Lytle said during a July 13 presentation at the Midwest Association of Rail Shippers’ summer meeting. Among the challenges: underemployment amid surging demand, supply chain disruptions, capacity dislocations (i.e., labor, equipment and power) and high steel prices. Midwest Association of Rail Shippers

So how is the North American rail-car leasing market faring of late? It’s in a lot healthier condition than it was about a year ago. That’s what CIT Rail President Jeff Lytle stressed during a July 13 presentation at the Midwest Association of Rail Shippers’ summer meeting in Lake Geneva, Wisconsin. 

 
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