Tuesday, July 24, 2012

2Q railcar orders, deliveries grow, ARCI says

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Orders and deliveries of railcars showed strength in the second quarter, according to the Railway Supply Institute's American Railway Car Institute (ARCI) Committee.

Railcar orders totaled 16,434 units in the second quarter, up almost 32% from 12,473 units in the previous quarter and equaling the 16,434 units in the fourth quarter of 2011.

Car deliveries in the second quarter of 17,927 were up 6.6% from the 16,816 units in the first quarter, and ahead of the 16,693 deliveries in the fourth quarter of 2011.

ARCI said the railcar backlog at the end of the second quarter was 58,674 units, compared with 60,191 units at the end of the first quarater and 64,575 units at the end of the 2011.