deugro agrees extended lease for its 16-axle railcar in North America
A while back, deugro invested in a specialized asset, a 16-axle railcar to operate and manage in North America. Now, the company has secured more work for the asset under an extended lease agreement.
deugro noted in a brief social media statement that the railcar would be handed over to an undisclosed client, adding the railcar is one of the most versatile and efficient assets in its fleet, designed to move oversized and heavy cargo on rail.
This particular 16-axle railcar design has the longest loading deck of all 16-axle designs (12.19 m / 40 ft) in North America and will be mainly deployed to transport heavy transformers, turbines, generators and other complex, over-dimensional equipment packages. The company’s focus is on transporting heavy cargo via the railroad network across North America, covering the USA, Canada and Mexico.
Compared to typical road transportation, the 16-axle railcar offers an environmentally friendly solution. Other advantages to consider are transport envelope restrictions (maximum dimensions and weight allowable for road transportation), including time-consuming road permitting processes, likewise giving rail transportation a competitive edge over the road.