Congratulations to UTLX for recently completing their 5,000th compressed gas tank car since 2010. DALKO has been proudly serving UTLX as a full service logistics partner since 2003.
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Congratulations Union Tank Car Company
Congratulations to UTLX for recently completing their 5,000th compressed gas tank car since 2010. DALKO has been proudly serving UTLX as a full service logistics partner since 2003.
4th Quarter Railcar Numbers
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.
4th Quarter Railcar Numbers
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.
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 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
Railcar Orders Are Up
According to the Railway Supply Institute’s American Railway Car Institue (ARCI) Committee, railcar orders were up almost 92 percent in first quarter 2013 from comparable deliveries in the first quarter of 2012. However deliveries in the first quarter were down 29 percent compared to last year’s first quarter deliveries.
Tank cars accounted for 81 percent of total railcar orders in the first quarter of 2013, this is the highest number of tank car orders since the ARCI started providing data by car type in the first quarter of 2007. The analysts from KeyBanc Capital Marketing, Steve Barge and Tejas Petal, say the increase may be reflective of both the explosive growth in shale oil production as well as the weak volume environment for other commodity types
Railcar Orders Are Up
According to the Railway Supply Institute’s American Railway Car Institue (ARCI) Committee, railcar orders were up almost 92 percent in first quarter 2013 from comparable deliveries in the first quarter of 2012. However deliveries in the first quarter were down 29 percent compared to last year’s first quarter deliveries.
Tank cars accounted for 81 percent of total railcar orders in the first quarter of 2013, this is the highest number of tank car orders since the ARCI started providing data by car type in the first quarter of 2007. The analysts from KeyBanc Capital Marketing, Steve Barge and Tejas Petal, say the increase may be reflective of both the explosive growth in shale oil production as well as the weak volume environment for other commodity types
