May 8th - 2018 The economy continues to hum. Everything looks good for rail, with some challenges. The U.S. unemployment rate is at its lowest level in 18 years at 3.9%. The labor market is tight for skilled workers and that is said for skilled rail workers and particularly for the Class 1 s. PFL is even receiving calls for leads for skilled people, so that is how bad it is out there! During earnings calls recently, each of the Class 1 railroads outlined their plans to improve service with all but the CSX planning to add headcount and locomotives.. Management teams have faith in their ability to recover poor service and long delivery times. Challenges remain on weak network resiliency as long lead times for assets and skilled labor could cause issues to persist longer than expected, especially if volume growth accelerates which we expect. Crude continues to rise in price almost hitting $70 per barrel this past Friday and blowing through that Monday morning of this week and so does the volume of crude transported on the Class 1 s. Until recently, CP and CN s volume growth in petroleum and petroleum products diverged as CN actively stepped back from crude amidst broader network congestion. However, the recent week s data show volumes in the petroleum category picking up at CN, which is now up by 9% quarter to date, CP continues to run at a higher rate with volumes up by 30% quarter to date. Overall, North American rail volume for the week ending April 28, 2018 was up yet again over last year. Canadian and Mexican railroads totaled 372,452 carloads, up 2.7 percent compared with the same week last year, and 370,863 intermodal units, up 6.3 percent compared with last year. Total combined weekly rail traffic in North America was 743,315 carloads and intermodal units, up 4.5 percent. North American rail volume for the first 17 weeks of 2018 was 12,053,949 carloads and intermodal units, up 2.8 percent compared with 2017. New car deliveries are looking bullish. Deliveries of 13,099 cars in this year s opening quarter were almost even with fourth-quarter 2017 deliveries of 13,408. Close to 5,000 cars were added to backlogs in the first quarter. As a result, current backlogs total 55,216 units and represent 4.2 quarters of assemblies at current production rates. Activity at PFL this past week has been brisk with a bunch of inventory changing hands. Cars are moving quickly and new car deals are hitting the market every single day. Long gone are the days of sitting on your bid or your offer. Call PFL now for all your rail car needs. On the LPG loaded storage front we have only 50 spots left in Alberta off of the CP a great staging area for any market in North America call PFL now it won t last long! PFL is seeking for CPC-1232, coil and insulated cars 25.5k-29.5k for lease. Any size DOT 117 for lease. Centerbeam flat cars for purchase. PFL has 25.5k DOT117 clean and available immediately, call us for details. Feel free to call us for live up to date market pricing. We can help with all your rail car needs: loaded storage, empty storage, subleasing excess cars, filling orders for cars wanted, mobile railcar cleaning, blasting and mobile repair. PFL is helping by assisting fleets and lessors with leases and sales. We offer Total Fleet Evaluation Services
where we analyze your current leases, storage, if applicable, and company objectives and draw up a plan of action. Download easytrade now. Log in and take a look at available cars and storage opportunities. We offer free access to the platform. The site is known for its broad market information as it relates to rail cars and railcar storage across North America. CLICK HERE to GET a Quote Contact PFL for all your railcar needs 239-390-2885 pfldesk@pflpetroleum.com Attending: Nick Borders nick@pflpetroleum.com 239-961-2541 Curtis Chandler curtis@pflpetroleum.com 239-405-3365 PFL Railcar Buying/Leasing Opportunities PRESSURE CARS 340W Pressure cars Qty: 10-14 Offer: $800 Available Apr 1st-Oct 1st. Last in propane. Located on the West Coast, BN/UP. 340W + Offer: $700 3-6 month terms, last in propane, only for butane service, Located in NE. 300W Qty: 40 Offer: $525 340W Pressure Cars
5 year commitment, VCM Prior 18 month term. Last in propane, butane, isobutane. These cars have a free move. Built 2004. GENERAL PURPOSE 18.4k Caustic Soda cars Offer: $625 Brand new. 286 GRL, in Texas 26,000 gallon tank cars Qty: 2 Offer: $350 Located in Arkansas. 263GRL. Clean. 25.5 DOT117s Qty:27 Insulated not coiled. Perfect for refined products. These will not last long. 20k Rubber lined Gallon tank cars Qty: 46 Offer: $995 for 7 year term Located in Alabama & Louisiana. Take about a months time to finish lining 31.8 s CPC1232 + For short term use. Bakken prior. Free move on CSX 31.8 CPC1232 Qty: 125 Offer: 525 Located in MN, bakken prior 31.8k s CPC-1232 Clean, available immediately. Free move on NS. 31.8s CPC-1232 Offer: 615 1 year term. Clean. Located in WA. available late April. COIL & INSULATED 17,500 Gallon-Lined Qty: 10 Offer: $400 Caustic soda cars, Denver & Alabama 28.7k s C/I CPC-1232 Qty: 97 clean Offer: Looking for bid Located in MO/KS on UP/BN. 12-24 month term. 23.5 C/I Qty: 10+ Offer: $550 Clean. Located in LA. 1 year minimum 29.5k s C/I Offer: $1,100 Clean. HOPPERS Hopper Qty: 198 Offer: $450 Located in NE on the NS. Built 80-81. 263 GRL. Available at end of Apri 3915cu PD Hoppers Offer: $600 3-5 year lease. 3250cu Qty: 25-50 Offer $650 286GRL. Located in Saskatchewan 5750cu Covered Hopper Qty: 35 Offer: $450
Last in silica sand. Located in MN. Gravity/pneumatic gates, multiple leasing terms available Qty: 14 Offer: $425 268GRL. Located in Arkansas on the UP. Incredibly good conidition. 5230cu PD Hopper Qty: 10 Offer: $665 286k GRL 4750cu Qty: 35 Offer: $450 Located in Iowa/Ohio. Built in 78-81. 5150cu PD Hopper Qty: 35 Offer: $570 263K GRL, multiple leasing terms available 5150cu Qty:100+ Offer: $385 Located in Nebraska. Clean. Built 96-97 5825cu Covered Hopper Offer: $500 263GRL. Built in 1977. Many locations, free move on NS/CP/BN 5800-5850cu Offer: $600 Last in PET. built in 98-99. Located in PA 6150cu Qty: 94 Offer: $625 Located TX/LA on UP. Trough Hatches, pneumatic gates. Qty: 63 Located in North East. 268GRL. Last in sand. These cars have a free move, Available in Sep 4650/4700/4750 CF, Covered Hoppers Offer: $500 Clean. 263GRL. Available for purchase also. Offer: $440 268GRL, available immediately, clean. OTHER 52ft Mil Gondola Qty: 200 full service longterm. 70k for purchase. Side lengths of 9ft 10in, 2752 cu. weight 58k pounds 65 100 ton log spine cars equipped with six (6) log bunks no full flat deck. Offer: $22k Built 1981. Located in Midwest on CSX. 60ft 100 ton boxcars Offer: $510 Plate F. One to five year lease options Stainless steel Acid cars 21K Qty: 25 Offer: $1,250 60, 100 ton, Plate F box cars PLug door. Offer: $350 Really good condition. Clean. Built in 77
FOR SALE 23.5k s Qty: $21k exterior coiled and insulated built 1977 by Richmond Tank 263k GWR Open Top Gondola Cars Qty: 200 Offer: $25000 4400cu, 268k GRL Would consider 3+ year lease 100 ton Boxcars Qty: 150 Offer $18k Qty: 198 Offer: $13,000 Located in NE on the NS. Built 80-81. 263 GRL. 2980-3200cu Covered Hoppers Qty: 135 Looking for bid 263GRL 5800cu + Offer: $52,000 Pneumatic gates, have linings, 263GRL, 1988-90. Located in South 5825cu Covered Hopper Offer: $15,800 263GRL. Built in 1977. Many locations, free move on NS/CP/BN WANTED 13.8-18k Tankers, lined 6 Months Western US, Sulfuric Acid 3250 cu hoppers 3 Year Lease 286GRL. Located in north east, for sand use. C/I DOT117 s Qty:100+ For Canadian crude use. 30.3k DOT117 s Qty:100 For crude use, ASAP. BulkHead flatcars For purchase Call PFL today for live pricing, further details and other markets. PFL DESK 239-390-2885 To see the complete live list, please login to the easytrade platform or contact your PFL representative. To request a login, please go to www.theeasytrader.com.
PFL is pleased to announce a new version of its trading platform easytrade. This new version features a brand new Railcar Workspace. Access to the whiteboard is FREE of charge. In the Workspace, you can view the cars available for lease/purchase and cars wanted to lease/purchase. Buyers and Sellers will meet at easytrade, disseminating your market pricing to hundreds of companies instantaneously.
www.pflpetroleum.com 1865 Veterans Park Dr. Suite 303 Naples, Florida, 34109 Phone: 239-390-2885 Fax: 239-949-0611