US boxcar pool ‘has a leak’ with CSX rail, puts strain on fleet, impacting IP
NEW YORK, June 12, 2018 (Wall Street Journal) -Railroads operate under a simple premise: share railcars and everyone wins. Pooled resources, even among competitors, mean more cars available to fill and fewer running empty along tracks.
That decades-old system buckled after CSX Corp. CSX 0.29% pulled hundreds of boxcars out of a nationwide pool about a year ago to improve its own operations. The move has put added strain on the shrinking fleet of boxcars in the U.S. and added costs and complexity for some large shippers, industry executives say.