Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

View Current Digital Issue »


Rail News Home Rail Industry Trends


Rail News: Rail Industry Trends

Rail-car deliveries soon to bottom-out before a slow second-half rise, EPA says


While North American rail-car deliveries last year plummeted to 34,200 — the lowest level since 1992 — the worst is yet to come, according to Economic Planning Associates Inc.'s (EPA) recently released "Outlook for Rail Cars" quarterly report.
Because of a weak car-delivery start to 2002, EPA now projects 20,100 rail-car deliveries this year, which would mark the lowest total since 1987.
However, demand should pick-up in second-half 2002, leading to 33,700 deliveries next year, says EPA, based on improving chemical, metal and paper-product moves tied to manufacturing ramp ups, rising aggregate moves because of a burgeoning construction industry, and increasing finished-vehicle and auto-parts moves in relation to dwindling dealer inventories.
Looking further into the future, EPA believes rail-car deliveries will rise to 44,000 in 2004, then steadily build to 62,500 by 2007, because increasing coal, light-vehicle, construction, chemical and plastic production will spur demand for rail cars serving those industries.