Pending rail car retirements, high scrap rates tighten equipment market
Posted: Sun Aug 13, 2023 10:59 am
Perspectives on new railcar construction: https://finance.yahoo.com/news/pending- ... 54283.html
B1G - The Big Train
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You got that right I remember vividly back in the early 1970s at Saginaw on PC and C&O but it seemed to me the PC had a bigger veriety of names on boxcars and other rolling stock I think it's been kinda boring since the 1990s.LansingRailFan wrote: ↑Tue Aug 15, 2023 2:07 pmWe finna miss a lot of these old cars. New ones are boring AF and make me wanna punch myself in the nads.
it’s either that or they can’t be used for revenue service periodGTW Dude wrote: ↑Thu Aug 17, 2023 10:24 pmWhat standards/qualifications does a car need to meet at 50 years old? I still see cars built in the 60's or old MOW equipment built in the 40's on Class 1's. IIRC a couple of CB&Q 40 foot boxcars lasted until a couple years ago in BNSF MOW service. Does the rule just prevent interchange between railroads?
They become restricted at interchange - the other carriers don't *have* to take them. But they obviously can, if they want.penn central wrote: ↑Fri Aug 18, 2023 6:28 amAs far as I know it can be over 50 years old but can not be interchanged to other railroads it has to stay on home rails but I am very surprised to see the scrap tie gons for GLC from CSX some of those where built in the 60s and have the old Reading RR name on them and a few ex NYC ones also I don't know how those are being interchanged there over 50 years old.
There was a time, in the late 1970's or early 1980's when the regulations for car ownership were such that a lot of railroads "purchased" a lot of cars to use for generating revenue. They were basically leased cars with X railroad name on the car. Many times the cars didn't even make it to, or get used by the home railroad, until the economy turned south and the cars that were never getting to home rails ALL came back to home rails because they were not needed. Some railroads had serious issues because they had more cars to store than space to store them.penn central wrote: ↑Wed Aug 16, 2023 10:29 pmYou got that right I remember vividly back in the early 1970s at Saginaw on PC and C&O but it seemed to me the PC had a bigger veriety of names on boxcars and other rolling stock I think it's been kinda boring since the 1990s.LansingRailFan wrote: ↑Tue Aug 15, 2023 2:07 pmWe finna miss a lot of these old cars. New ones are boring AF and make me wanna punch myself in the nads.
I recall CN car shop staff at Gladstone telling me that the ex CNW ore cars over 50 years old were banned from interchange and were subject to a more rigorous inspection program and frequent oversight from FRA. IIRC the FRA inspector was on the property weekly.Saturnalia wrote: ↑Fri Aug 18, 2023 8:32 amThey become restricted at interchange - the other carriers don't *have* to take them. But they obviously can, if they want.penn central wrote: ↑Fri Aug 18, 2023 6:28 amAs far as I know it can be over 50 years old but can not be interchanged to other railroads it has to stay on home rails but I am very surprised to see the scrap tie gons for GLC from CSX some of those where built in the 60s and have the old Reading RR name on them and a few ex NYC ones also I don't know how those are being interchanged there over 50 years old.
I have a friend who just started at the car shop at NS Oakwood who said something similar.Standard Railfan wrote: ↑Tue Aug 22, 2023 8:17 am
I recall CN car shop staff at Gladstone telling me that the ex CNW ore cars over 50 years old were banned from interchange and were subject to a more rigorous inspection program and frequent oversight from FRA. IIRC the FRA inspector was on the property weekly.
The LS&I cars are good examples, with some dating back to 1937. They're all reinspected thoroughly every two years, I believe in accordance with a plan agreed to with the FRA. Or rather, after each inspection they are cleared for 24 months of service before being bad ordered and sent back to the reinspection queue. They end up losing a fair number of them each year due to defects bad enough that they are not worth fixing.Standard Railfan wrote: ↑Tue Aug 22, 2023 8:17 amI recall CN car shop staff at Gladstone telling me that the ex CNW ore cars over 50 years old were banned from interchange and were subject to a more rigorous inspection program and frequent oversight from FRA. IIRC the FRA inspector was on the property weekly.Saturnalia wrote: ↑Fri Aug 18, 2023 8:32 amThey become restricted at interchange - the other carriers don't *have* to take them. But they obviously can, if they want.penn central wrote: ↑Fri Aug 18, 2023 6:28 amAs far as I know it can be over 50 years old but can not be interchanged to other railroads it has to stay on home rails but I am very surprised to see the scrap tie gons for GLC from CSX some of those where built in the 60s and have the old Reading RR name on them and a few ex NYC ones also I don't know how those are being interchanged there over 50 years old.