TwitterFacebookRSS Print Friendly and PDF

GE impressions

Rail News Leader - Progressive Railroading

become a membernewsletters signup

<< Rail News Home: Maintenance Of Way


Rail News: Maintenance Of Way
Tie purchases and production posted gains in August, RTA says

After rebounding in July, crosstie purchases continued to recover in August, climbing 12 percent from July's level to 2.47 million units, according to the Railway Tie Association (RTA).

Tie production increased for the second-start month, as well, rising 6 percent from July's mark to 1.9 million units. The inventory-to-sales ratio fell from 0.79 in July to 0.74 in August due to an increase in purchases accompanied by a drop in inventories, RTA officials said in their monthly tie market report. Since peaking in January, tie inventories — which totaled 17 million units at August's end — have fallen 15 percent.

Through 2013's first eight months, tie purchases pulled even with year-ago levels at 16.6 million units while production, which totaled 14.3 million units, remained down 17 percent year over year, RTA officials said.

Meanwhile, 12-month rolling data through August showed production declined 11.6 percent (to 22.3 million units) and purchases dipped 2.1 percent (to 23.1 million units) versus the prior 12-month period.

More news items from 10/7/2013
Rail Industry Online Only Features
(past 30 days)


Browse articles on Railway Tie Association on Progressive Railroading




Stay updated on news, articles and information for the rail industry