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
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.
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.
Mike O’Malley began his tenure as President of the Railway Supply Institute (RSI) on Feb. 1, 2018 taking over for Tom Simpson, who has retired.
Each year, hundreds of executives, technical experts, engineers and safety officers from across the railway supplier universe engage in an activity that, while largely unheralded, is enormously important to our industry and the North American economy.
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.
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.
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.