Rail Closer Look: Covered Hoppers

Published Annually

The Rail Closer Look Series combines rail equipment intelligence with our Freight•cast™ forecasting model and FTR expert analysis to produce the industry’s most thorough and comprehensive rail equipment forecast and report.

Will frac sand continue to drive production of new cars for the Covered Hopper fleet? What is the outlook for grain car and plastic pellet Covered Hopper demand? Gain insight by car type segment in the industry's leading market forecast report.

NOTE: Save $300 off of each additional report you purchase in the Rail Closer Look Series. Please contact Derek Young at [email protected] or (888) 988.1699, ext. 66 to obtain a Promotion Code for ordering.

Covered Hoppers are a diverse fleet of railcars that carry a variety of dry bulk commodities. Some of these cars are product specific, while others serve a wide range of commodities. Consequently, the individual segments within the overall Covered Hopper fleet have different and unique characteristics, and their individual performances are driven by independent economic and market forces. Understanding the overall Covered Hopper fleet requires a deep understanding of these individual segments within the fleet. 

The Covered Hopper fleet is the largest of the North American rail segments. The North American Covered Hopper fleet is feeling supply/demand pressure across various car types. 

Closer Look: Covered Hopper Report Contains

  • Detailed fleet analysis
  • Current fleet sizes for each sub-segment
  • Pictures and illustrations of select car types, unique components, and important commodities
  • Unique characteristics inherent to sub-segments
  • Snapshot of each fleet segment’s age profile allocated by 5- year buckets over a car’s 50-year life
  • Ownership mix profiles across railroads, shippers, and leasing companies
  • Historic deliveries, retirements, and utilization
  • Forecasts and projections by fleet segment: new car deliveries and retirements
  • Current and historic traffic activity across car types
  • Traffic shares, commodity drivers, and industry drivers
  • Fleet ownership mix, age profile, retirement trends, and new equipment delivery forecast for the fleet as a whole
The full Closer Look Series includes Box Car, Covered Hopper, Flat Car, Gondola, Open Top Hopper, and Tank Car reports.  The entire series is now available. Be among the first to receive this series of reports and gain a competitive advantage by increasing your knowledge of the rail car supply chain and macroeconomic indicators.

Closer Look: Covered Hopper

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