They own the equipment that keeps freight rail moving, but chances are, you don’t really give them a second thought. In “Lessor is More”, Harris + Sydney really zoom out to talk about one of the rail industry’s most essential + oft overlooked players: railcar lessors.
Lessors own + lease cars that shippers depend on to move their goods across the freight rail network. It’s a simple premise, but behind the scenes is a surprisingly complex operation.
Harris + Sydney also dig into where they foresee the lessor space heading, namely telematics + predictive maintenance. Scale is everything here + widespread implementation is still likely 5 to 10 years away. It’s a true duality: plenty of opportunities on the horizon, but plenty of challenges still to be faced.