Financial Ports

Railcar Shortage Looms as North America Scraps 35,000 Cars in 2025

CLAVE 1 / 425,000 railcars to be built in 2025—far below replacement levels.

CLAVE 2 / 435,000 railcars projected for scrapping, creating a net fleet deficit.

CLAVE 3 / 4Intermodal car storage at six- to seven-year lows, straining capacity.

CLAVE 4 / 4Tariff volatility and a trade complaint against Mexican-built cars add to market uncertainty.

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