Economic Planning Associates

Freight car market looking better and better

The outlook for railcars “has brightened considerably,” according to the most recent market analysis from Peter Toja of Economic Planning Associates. Second-quarter 2017 deliveries of 10,625 cars and orders for 17,665 raised industry backlogs from 60,471 at the end of March 2017 to 66,561 units at midyear, or 6.3 quarters of production at current assembly rates.

Freight cars: Backlog bolsters deliveries, but it won’t last

The most recent freight car forecast from Economic Planning Associates calls for deliveries of just under 62,000 units in 2016, as carbuilders work off significant backlogs, followed by a 21,000-car plummet in 2017, a slightly worse 2018, and the beginnings of a small rebound in 2019.