According to its quarterly freight car building forecast released July 29, 2013 the Economic Planning Associates, Inc. (EPA) expects this year’s numbers, which are 11 percent behind 2012, to improve significantly in 2014. EPA’s president Peter Toja stated that based on first half assemblies and mid-year backlogs the EPA expects deliveries of 52,500 railcars in 2013, 10.8 percent below the 2012 level. Next year they anticipate a rebound to 60,300 deliveries. Toja predicts that beginning in 2015 and continuing through to the end of year 2018 annual railcar assembly will be relatively consistent, staying in the range of 64,300 to 65,500 cars and intermodal platforms. Read More
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Freight Car Building Forecast
According to its quarterly freight car building forecast released July 29, 2013 the Economic Planning Associates, Inc. (EPA) expects this year’s numbers, which are 11 percent behind 2012, to improve significantly in 2014. EPA’s president Peter Toja stated that based on first half assemblies and mid-year backlogs the EPA expects deliveries of 52,500 railcars in 2013, 10.8 percent below the 2012 level. Next year they anticipate a rebound to 60,300 deliveries. Toja predicts that beginning in 2015 and continuing through to the end of year 2018 annual railcar assembly will be relatively consistent, staying in the range of 64,300 to 65,500 cars and intermodal platforms. Read More
Freight Car Forecast
In its quarterly freight car building forecast the Economic Planning Associates, Inc. (EPA) stated that with the exception of tank cars 2013 will be a difficult year for carbuilders. The EPA says, “Beginning in 2015, annual railcar assemblies will stay in the narrow range of 65,000-67,000 cars and platforms out to the year 2018.” Read More
Freight Car Forecast
In its quarterly freight car building forecast the Economic Planning Associates, Inc. (EPA) stated that with the exception of tank cars 2013 will be a difficult year for carbuilders. The EPA says, “Beginning in 2015, annual railcar assemblies will stay in the narrow range of 65,000-67,000 cars and platforms out to the year 2018.” Read More
2013 Freight Railcar Review
In Railinc’s North American Freight Railcar Review 2013, which provides an industry overview of the North American railcar fleet from January 01, 2012 through December 31, 2012, Railinc reported the size of the freight railcar fleet increased by 1 percent in 2012.
The annual review also showed that the average age of cars in fleets declined for the first time since 2008, going from 20.1 years to 20 years. A majority of the new cars that were added had gross rail loads of 28,000 lbs. The switch to larger cars helps reduce costs and ease logistics challenges. Read More
2013 Freight Railcar Review
In Railinc’s North American Freight Railcar Review 2013, which provides an industry overview of the North American railcar fleet from January 01, 2012 through December 31, 2012, Railinc reported the size of the freight railcar fleet increased by 1 percent in 2012.
The annual review also showed that the average age of cars in fleets declined for the first time since 2008, going from 20.1 years to 20 years. A majority of the new cars that were added had gross rail loads of 28,000 lbs. The switch to larger cars helps reduce costs and ease logistics challenges. Read More
