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Rail News: Rail Industry Trends
ARCI: Mixed results for Q1 rail-car orders, deliveries
Rail-car orders in first-quarter 2019 totaled 9,663 units compared with 19,995 units at the end of the fourth quarter and 10,348 in first-quarter 2018, according to statistics from the Railway Supply Institute's American Railway Car Institute Committee (ARCI).
First-quarter deliveries came in at 13,171 units compared with 13,462 in Q4 and 13,098 for the same year-ago period.
A solid backlog remained at 73,076 for all rail-car types during Q1, according to Railway Supply Institute (RSI) officials. The backlog previously stood at 80,223 units on Dec. 31, 2018; 73,812 units on Oct. 1, 2018; and 65,161 units on July 1, 2018.
"While Q1 orders did not match the surge experienced in Q2 to Q4 2018, they were within 7 percent of order levels from the same period in 2018," RSI officials said in the first-quarter report.
Contact Progressive Railroading editorial staff.