Newly released data by the Railway Supply Institute (RSI) American Railway Car Institute Committee (ARCI) show a 50% increase in fourth-quarter 2021 freight railcar orders, compared to third-quarter 2021. The backlog increased 14%, while deliveries remained relatively flat.
The Railway Supply Institute American Railway Car Institute (RSI-ARCI) 1Q2020 railcar industry order, delivery, and backlog statistics show that orders in the quarter moderated y/y to 6,172 cars vs. 9,663 in the prior-year quarter and down sequentially from 8,464 cars in 4Q19. The industry delivered 10,824 railcars in the quarter, 26.5% lower than the 14,727 railcars delivered in 4Q19. The backlog now stands at 46,330 railcars, down 9.7% from 4Q19’s 51,295 cars—the lowest backlog figure since 4Q10’s 22,658.
Fourth-quarter 2018 freight car order, delivery, and backlog figures compiled by the Railway Supply Institute represent a sustainable longer-term market for carbuilders, according to analysis conducted by Steve Barger, Kenneth Newman and Ryan Mills of KeyBanc Capital Markets. Orders were “strong” at 19,955 cars. Carbuilders delivered 13,462 units. The backlog now stands at 80,223—the highest level since 2Q16.
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 ARCI (American Railway Car Institute) Committee on July 25 published its railcar industry order, delivery and backlog statistics for second-quarter 2017. Orders in the quarter improved sequentially to 17,665 cars from 4,814 cars in the first quarter. Deliveries of 10,625 railcars increased 5.8% from 10,042 railcars. The backlog now stands at 66,561 railcars, up 10.1% from the prior quarter’s level of 60,471 cars, and the first sequential increase in the backlog since fourth-quarter 2014—11 quarters.
The Railway Supply Institute American Railway Car Institute Committee published its railcar industry order, delivery and backlog statistics for 1Q17 on April 25. Orders in the quarter declined sequentially to 4,814 cars from 4,866 cars in 4Q16. The industry delivered 10,042 railcars in the quarter, following last quarter’s delivery figure of 14,914 railcars. The backlog now stands at 60,471 railcars, down 9.3% from the prior quarter’s level of 66,681 cars.
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.
The Railway Supply Institute on Jan. 28, 2016 published its railcar industry order, delivery and backlog statistics for fourth-quarter 2015, and overall, the sector looks solid, according to Steve Barger, Managing Director and Equity Research Analyst with KeyBanc Capital Markets Inc.
