Second-quarter 2021 freight car reporting statistics from the Railway Supply Institute’s (RSI) American Railway Car Institute Committee (ARCI) show sequential boosts in orders, deliveries and backlog since fourth-quarter 2020.
Railway Supply Institute President Mike O’Malley and Vice President Government and Public Affairs Nicole Brewin cover a wide range of topics with Railway Age Editor-in-Chief William C. Vantuono. Among them: The state
Freight car order, delivery and backlog statistics for 2Q18 show that orders increased sequentially to 23,788 cars from 10,348 in 1Q18, the largest quarterly figure since 4Q14. Carbuilders delivered 13,071 units in the quarter, nearly identical to 1Q18’s 13,098. The backlog stands at 65,161 railcars, up 18% from 1Q18’s 55,216 cars; this implies “a net cancellation of 772 railcars, consisting primarily of gondolas and medium-cube covered hoppers,” according to analysis conducted by KeyBanc Capital Markets.
The Railway Supply Institute American Railway Car Institute’s (ARCI) second-quarter 2016 freight car order, delivery and backlog statistics are “somewhat better than expected,” according to KeyBanc Capital Markets analyst Steve Barger.
First-quarter 2016 freight car reporting statistics from the Railway Supply Institute (RSI) American Railway Car Institute (ARCI) Committee show that car orders are down, and the backlog (cars ordered but not delivered) is decreasing, as are deliveries.
