Storage per diem rate

Discussion related to the operations and equipment of Consolidated Rail Corp. (Conrail) from 1976 to its present operations as Conrail Shared Assets. Official web site can be found here: CONRAIL.COM.

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Dcell
Posts: 188
Joined: Mon Jan 22, 2007 9:14 pm

Storage per diem rate

Post by Dcell »

I’m wondering how much a railroad charges to store a standard boxcar per day from another railroad? Is the rate uniform for all railroads or can a railroad charge whatever it wants to store another railroads boxcar on its system?

ExCon90
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Re: Storage per diem rate

Post by ExCon90 »

Do you mean storing cars at the request of the owning railroad? Normally any railroad wants to get rid of any foreign cars on its lines if it doesn't have a prospective load for them, since it's paying "per diem" (per hour instead of per day for some years now) to the owning road until it can interchange the cars back to the owner. There have been cases under past ICC regulation where a small shortline had more cars than it could physically accommodate if they all returned home when business was way down, but today, as far as I know if a railroad has many surplus cars it will find someplace to store them on its own rails--even in some cases to the extent of clogging up passing sidings to the detriment of revenue traffic.

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R&DB
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Re: Storage per diem rate

Post by R&DB »

Try contacting NJSL in Tuckerton. They store lots of cars for other companys. Not sure, but I think SRNJ in Winslow Jct does as well.
Harry

eolesen
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Joined: Sat Apr 17, 2010 12:01 am

Re: Storage per diem rate

Post by eolesen »

Anecdotally I've heard storage runs about $10/day per car with some minimums for handling.

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R&DB
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Re: Storage per diem rate

Post by R&DB »

R&DB wrote:
Tue Jan 28, 2020 1:00 pm
Try contacting NJSL in Tuckerton. They store lots of cars for other companys. Not sure, but I think SRNJ in Winslow Jct does as well.
That should have been NJSL in Tuckahoe. My mistake.
Harry

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