According to the data released by the RSI’s American Railway Car Institute’s Committee (ARCI) the railcar industry orders for the fourth quarter of 2013 were up 34 percent from orders in the 4th quarter of 2012, and up 16.5 percent from the third quarter of 2013.
Railcar deliveries for the fourth quarter were up 33.5 percent from those delivered in the fourth quarter of 2012, and up 24.8 percent from the third quarter of 2013. Of the 15,776 railcars delivered in the fourth quarter, 8,440 were tank cars, the largest single-quarter tank car delivery number ever as noted by KeyBank Capital Markets, Inc. analyst Steven Barger.
The backlog of railcars at the end of the fourth quarter of 2013 was only down one percent from the previous year.
