(Photograph by William C. Vantuono)

ARCI: 2Q23 Freight Car Numbers on the Rise

Newly released data by the Railway Supply Institute (RSI) American Railway Car Institute Committee (ARCI) shows increases in railcar orders, deliveries and backlog in 2023’s second quarter—both sequentially and year-over-year.

The 2023 version of the Freight RAILCAR Act “offers a time-limited 10% tax credit for new railcars or the modification of existing railcars to offset the costs of either replacing two existing railcars with a new railcar that would improve fuel efficiency or capacity by at least 8%, modernizing an existing railcar to improve fuel efficiency or capacity by at least 8%, or upgrading a car to DOT-117 tank car specifications,” according to RSI.

RSI Again Urges Congress to Pass Freight RAILCAR Act

U.S. Rep. Darin LaHood (R-Ill.) has reintroduced the Freight RAILCAR Act. This bipartisan legislation, supported by the Railway Supply Institute (RSI), would provide a “time-limited tax credit” for the purchase of new railcars or modification of existing cars to help offset the costs associated with taking older equipment out of service. Railway Age Financial Editor David Nahass weighs in.

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RSI, REMSA, RTA Study: “Power of the Rail Supply Industry”

The Railway Supply Institute (RSI), Railway Engineering-Maintenance Suppliers Association (REMSA) and Railway Tie Association (RTA) have issued Rail Supply Industry: Manufacturing and Services Keeping the American Economy on Track, their latest major economic

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Graves Selected Chairman of T&I Committee

U.S. Rep. Sam Graves (R-MO) has been selected to serve as Chairman of the Transportation and Infrastructure Committee (T&I Committee) in the 118th Congress, the Republican Conference reported Jan. 10. Graves has served as the Committee’s Ranking Republican Member for the last four years.

LRW President Sarah Yurasko (fourth from right) is joined by LRW leaders at the 2022 Annual Conference in Ft. Worth, Tex. (Photograph and Caption Courtesy of LRW)
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LRW Announces 2022-23 Board

The League of Railway Women (LRW) last month appointed its 2022-23 Board of Directors at the annual conference, which was held in conjunction with the Railway Supply Institute’s (RSI) 2022 Expo and Technical Conference in Fort Worth, Tex.

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Moore to Help Kick Off ‘Rail Insights: Women in Rail’ Event

Railway Age’s inaugural Rail Insights: Women in Rail Conference will feature Ontario Northland President and CEO Corina Moore, one of our first Women in Rail award honorees. Hearing from leading industry women like Moore is just one reason to participate in this virtual event, to be held Nov. 10, starting at 1:30 p.m. ET. Need more reasons? Here are five.

(Photograph by William C. Vantuono)

ARCI: Railcar Backlog Rising

Newly released data from the Railway Supply Institute (RSI) American Railway Car Institute (ARCI) Committee shows second-quarter 2022 orders are down 13% and deliveries are up 20% sequentially. Total backlog was up 3%, to 47,461, from first-quarter 2022, and up 27% from the same period last year.