For the past few years, crude by rail (CBR) — and the implications of same for any number of links in the transport chain — has been one of the hotter topics swirling in our universe. In a "Guest Comment" that appears in our June issue, David Lehlbach notes that tank cars have become the key link in the supply chain in question. A rail specialist in Oliver Wyman Inc.'s Surface Transportation Practice, Lehlbach also points out that the lack of near-term tank-car availability and an anything-but-predictable market for those cars for at least the foreseeable future poses risks for new entrants to the CBR market. Read his thoughtful assessment — "Crude by rail and the tank car boom: Is the risk profile changing as the crude tank car fleet grows?"
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