Locomotive Leasing Market Is Estimated To Witness High Growth Owing To Growing Demand For Freight Transportation
Locomotives are vehicles used on railways to provide traction and haul freight and passenger trains. Locomotive leasing provides rail operators flexibility to meet fluctuating demand without large capital investments in locomotives. Leasing allows rail operators to meet capacity demands for a limited time period and return assets at lease-end with no residual value risk. Locomotives used in...
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