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In October, crosstie purchases climbed 14.3 percent to nearly 2 million units and production rose 8.3 percent to 2.05 million units compared with September levels, according to the Railway Tie Association's (RTA) monthly market report. But on a year-over-year basis, purchases tumbled 13.5 percent and production dipped 1.2 percent.The tie inventory at October's end totaled 15.6 million units versus 15.5 million units at September's end, while the inventory-to-sales ratio nudged up from 0.65 as of Sept. 30 to 0.66 on Oct. 31.Through 2014's first 10 months, production totaled 17 million ties, decreasing 6.2 percent from its year-ago level, and purchases totaled nearly 20 million ties, declining 5.7 percent.Meanwhile, 12-month rolling data shows production (at 20.2 million units) increased 8.3 percent and purchases (at 23.5 million units) climbed 14.3 percent from 12-month levels as of September's end, RTA officials said in the report. But compared with year-ago figures, rolling purchases and production were down 13.5 percent and 1.2 percent, respectively.
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