Demand for railcars that can that can transport petroleum rose 35% in 2013, as of Nov. 2013. The strong demand for crude oil will likely reach into 2015, and support volumes of railcar securitizations, according to a roundtable hosted by Standard & Poor’s.

Barbara Wilson, managing director & president at First Union Rail participated on S&P roundtable. According to Wilson, approximately 21,000 tank cars were delivered in the nine months ended Sept. 30, 2013, with the majority of those cars going to crude oil by rail (CBR) service.

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