Do these contracts have a mechanism to account for inflation since they were signed well before the inflation spike we had from the pandemic?
drwho9437 wrote: ↑Mon Apr 15, 2024 4:16 am Do these contracts have a mechanism to account for inflation since they were signed well before the inflation spike we had from the pandemic?I don't have the contract in front of me - I am not even sure it's publicly available - but I believe it was a set contract of X amount of money for Y amount of railcars. If costs go up, then the manufacturer eats it.