ARCI 1Q21: Railcar Orders on the Rebound?
May 05, 2021
ARCI 1Q21: Railcar Orders on the Rebound? Written by Marybeth Luczak, Executive Editor
While first-quarter 2021 railcar orders of 6,227 were up 83% from fourth-quarter 2020’s 3,397, they “still remain below pre-pandemic levels, which averaged at about 9,300 railcars per quarter in 2019,” according to ARCI.
First-quarter 2021 freight car reporting statistics from the Railway Supply Institute’s (RSI) American Railway Car Institute Committee (ARCI) show that, sequentially, orders grew, and deliveries and backlog were largely unchanged.
While orders of 6,227 railcars were up 83% from fourth-quarter 2020’s 3,397, they “still remain below pre-pandemic levels, which averaged at about 9,300 railcars per quarter in 2019,” according to ARCI. First-quarter 2021 orders were virtually flat (up 0.89%) compared with first-quarter 2020’s 6,172 cars.
January 25, 2021
ARCI: 4Q20 Railcar Orders, Deliveries Sink Written by Marybeth Luczak, Executive Editor
Total orders for 2020 were 17,275 a stark contrast to 2018’s 77,478 and 2014’s peak of 138,234.
Fourth-quarter 2020 freight car reporting statistics from the Railway Supply Institute’s (RSI) American Railway Car Institute Committee (ARCI) show drops in orders, deliveries and backlog. All came in lower sequentially as the “industry continues to grapple with economic challenges as a result of COVID-19,” ARCI noted Jan. 25.
Carbuilders took orders for 3,397 cars in fourth-quarter 2020, a 60% falloff compared with 8,464 in fourth-quarter 2019, and a 41% decline from 5,783 in third-quarter 2020. Total orders for 2020 were 17,275 a stark contrast to 2018’s 77,478 and 2014’s peak of 138,234.