Rail Car Orders Decreased in 4th Quarter

The Railway Supply Institute’s American Railway Car Institute Committee reported recently that during the fourth quarter of 2020 rail car orders decreased to 3,397 units from 5,783 units in the third quarter, and from 8,464 units in fourth-quarter 2019.

Rail car deliveries and the backlog also declined during the fourth quarter, as the industry continued to grapple with economic fallout from the COVID-19 pandemic, RSI officials said.

Cars delivered in the quarter fell to 6,216 units from 7,953 in the third quarter, and from 14,727 units delivered during fourth-quarter 2019. 

The rail-car backlog stood at 34,598 units on Dec. 31, 2020, down from 37,417 on Oct. 1, 2020.

During 2020 orders fell to 17,275 units compared with 37,196 in 2019, while 2020 deliveries dropped to 33,434 units from 58,026 in 2019.

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