"Cyclical" is a word we use often in covering this thing called rail, and perhaps nowhere does the term show up more often than it does when we talk with those who track the rail-car market. Cyclicality certainly was top of mind as Progressive Railroading columnist and Rail Theory Forecasts L.L.C. President Toby Kolstad penned his December column, in which he offers up his 2013 rail-car delivery projection ... as well as the thinking behind that projection. Check both out — his projection and the thinking behind it — here.
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