Posts Tagged ‘American Railway Car Institute’

Rail Car Orders Up in 1st Quarter

May 11, 2021

Rail-car orders in the first quarter of 2021 were 6,227 units, an increase from 3,397 units in the fourth quarter of 2020 the Railway Supply Institute’s American Railway Car Institute Committee reported.

A year ago, first quarter orders stood at 6,172 units.

Car deliveries in the first quarter fell to 5,996 units from 6,216 units in the fourth quarter and 10,824 in the first quarter of 2020.

The rail-car backlog was 34,829 units on April 1 which compares with 34,598 on Dec. 31, 2020; 37,417 on Oct. 1, 2020; and 39,612 on July 1, 2020.

Rail Car Orders Decreased in 4th Quarter

January 27, 2021

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.

Railcar Orders Fell in 1st Quarter

April 25, 2020

Orders for new railcars slowed in the first quarter of 2020, the Railway Supply Institute’s American Railway Car Institute reported this week.

The railcar industry order, delivery and backlog statistics show that orders in the first quarter were 6,172 cars vs. 9,663 in the first quarter of 2019.

The corresponding figure for the fourth quarter of 2019 was 8,464 cars.

Railcar builders delivered 10,824 railcars in this year’s first quarter, which was 26.5 percent lower than the 14,727 railcars delivered in fourth quarter of 2019.

The railcar backlog is now 46,330 railcars, down 9.7 percent from 51,295 cars in the fourth quarter of 2019 and the lowest backlog figure since the fourth quarter of 2010.

The backlog implies a net cancellation of 313 railcars, consisting primarily of tank cars and some gondolas.

RR Car Builders Exceeded Average with 2019 Deliveries

February 1, 2020

Railroad car builders exceeded the 10-year average last year in delivering new rail cars.

The American Railway Car Institute of the Railway Supply Institute said builders delivered 58,026 cars, which exceeded the 10-year average of 50,524.

ARCI said during the fourth quarter of 2019 deliveries of 14,727 units beat deliveries in the fourth quarter of 2018 (13,462), as well as those posted in the third quarter of 2019 (14,571).

However, orders for calendar year 2019 were 37,196 units, about half of the reported orders made in 2018.

In a news release, ARCI said new car orders in the fourth quarter totaled 8,464 units, showing “continued weakness” but still slightly better than the 7,315 units ordered in the third quarter of 2019.

The fourth quarter 2019 orders were less than half of those at the end of 2018.

The year-end rail-car backlog at the end of 2019 was 51,295 units, down 36 percent from 2018’s level.

“Builder backlogs are across all major car types with the majority of the backlog in tank cars, followed by covered hoppers,” ARCI officials said.

“Builders are seeing a shift out of the smaller cube covered hoppers into the midsize covered hopper and continued demand for larger non-pressure tank cars.”

Rail Car Orders Lagged in the 3rd Quarter

October 26, 2019

Rail car builders continue to produce new cars at a robust pace, but new orders are lagging, which the American Railway Car Institute said is evidence of a softer rail market.

During the third quarter of 2019 there were 7,315 rail-car orders placed, which was below the 11,754 cars ordered in the second quarter of this year and substantially less than the 24,972 cars ordered in the third quarter of 2018.

Car deliveries in the third quarter fell 7 percent to 14,571 cars from the 15,623 cars delivered in the second quarter, but rose 30 percent from the 11,221 cars delivered in the third quarter of 2018.

The rail-car backlog of 58,127 units on Oct. 1, was the lowest level since the second quarter of 2011 the ARCI said.

The Oct. 1 figure compares with 69,227 cars on July 1 and 73,076 cars on April 1.

The ARCI is part of the Railway Supply Institute.