1. UP – expects a delayed increase in peak season freight. Says that it will be higher than last year but for a shorter time. [joc
2. Stored RR cars were pulled out of storage by 5539 cars reducing idle cars 17.8% below 18% first time since 2008? Total idle cars now number 271,404 whic give an approximate ~ 1.525 M total rail cars? [joc]
Until we can see a breakdown by type of car there cannot be any conclusions. Am waiting for those figures to be listed. EX: lumber cars probably are in the 30 - 50 % range and intermodal cars may hit zero in Sept and Oct.
Carl Shave probably can give us a hint as to the seasonal variations of car storage especially grain??
I doubt that too many grain cars ever are stored for too long, because different harvests occur at different times, and elevators can turn the stuff loose darn near anytime they want to. You’re more likely to hear of shortages than excess cars in storage.
5. NS — Will be in a tariff hearing to determine if NS can charge shippers extra due to exceeding a cars posted weight when snow and ice get on the car. Shippers are disputing saying its not their fault.
6. Congress – Mica says that he wants to find other funds to finance transportation work. Does not want to increase fuel taxes. [ wonder why?? ]
7. Crosstie manufacturing – reports that production in August up 21% [ 2.3 M ] from Aug 2010. 2011. YTD is 14.9M up 46% from 2010. Concrete tie production reported running at 100% of capacity since plant in Nebraska closed down [ was for UP ]