The development of hydraulic fracking has significantly impacted the rail equipment supply chain since 2011, causing new car deliveries to grow dramatically to meet increasing demand by investors. What would the market look like today if oil had never been discovered in North Dakota? Dick Kloster examines the effect of the energy boom on the leasing business.
Read the full article here.
AllTranstek was recently featured in Volume 7, Issue 3 of Transportation & Logistics International, a publication which focuses on crucial issues within the transportation industry. The article, which begins on page 84, highlights AllTranstek's multitude of services, highly experienced staff, and innovative solutions to each client's unique challenges.
Read the article here.
This thought provoking webinar is for anyone who manages a fleet of railcars, whether owned on a full service lease or a net lease basis. Effective strategic planning requires a foundation of deep analysis and probing questions. Learn about the different types of market research and criteria for assessing a fleet. In this webinar, Vice President of Strategy and Consulting, Nicole Lev Ross, shares insight into the current railcar market.
The webinar will be held at 2:00 PM Central on Wednesday, June 27th. Click here to register.
Senior Vice President and Chief Commercial Officer, Dick Kloster, was quoted recently in a Wall Street Journal article, "America's Boxcar Pool Has a Leak in CSX". The article discusses CSX's decision to pull some railcars out of the pooling system and the effects the decision has had on the rail industry.
Click here to read the full article.
Questions about Appendix B and how the proposed changes may affect your business? AllTranstek presents a free webinar discussing the changes and their implications for tank car facilities, suppliers, and others.
The webinar will be held at 1:00 PM Central on Wednesday, May 30th. Click here to register.
Submit your questions ahead of time by completing this form.
The Spring 2018 Arbitration & Rules Committee Meeting was held last month at CF Rail Services in Schaumburg, Illinois. Below, AllTranstek provides brief meeting highlights.
The single greatest approved rule change this year is regarding Replacement Treaded Wheel Sets (Purchased Core Wheelset). A purchased core wheel set is a turned wheel set that is added to the supply of wheel sets via the purchase from an outside source to fulfill turned wheel set demand. These new wheel sets will reduce the number of new plate mounts and car owners will receive a better mix of repair and return treaded sets, replacement treaded sets, and new mount sets at repair locations. New replacement treaded wheel sets will save car owners $15-$23 million annually.
Our March 2018 webinar on Welding Compliance is now available for viewing.
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Compliance with welding regulations is critical for railcar facilities and welding personnel. In a free webinar presented by Steve McCullough and Mike Untermeyer, learn about scope of work as it relates to facility certifications, tank car tank welding, and other railcar welding. This webinar, designed to provide an introduction to welding compliance, will also focus on welding procedure specifications and welder performance qualification.
The webinar will take place at 2:00 PM Central on Wednesday, March 28th. Click here to register for the webinar.
Dick Kloster, Chief Commercial Officer & Senior Vice President, and Rob Hart, Senior Consultant, coauthored an article in the February 2018 edition of Progressive Railroading Magazine. The article discusses the implications of the Financial Accounting Standards Board's (FASB) lease accounting standard ASC 842 on railcar lessees.
Read the article here.
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