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Rail-car orders got back on track in the third quarter. Orders totaling 21,466 units rose 18 percent compared with the second quarter, when orders registered the first quarter-over-quarter loss since third-quarter 2005, according to the American Railway Car Institute Committee of the Railway Supply Institute. In addition, third-quarter car orders rose 23 percent compared with similar 2005 data.
Quarterly car deliveries fell slightly to 19,008 units compared with the second quarter’s 19,466 units, but increased 16 percent compared with third-quarter 2005’s 16,987 units.
Meanwhile, the car backlog as of Oct. 1 totaled 88,116 units, a slight increase compared with the 85,692-unit backlog on July 1 and 86,857-unit backlog on April 1. On Oct. 1, 2005, the backlog stood at 60,986 cars.
10/16/2006
Rail News: Rail Industry Trends
ARCI: Rail-car orders and backlog climb, deliveries fall in third quarter
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Rail-car orders got back on track in the third quarter. Orders totaling 21,466 units rose 18 percent compared with the second quarter, when orders registered the first quarter-over-quarter loss since third-quarter 2005, according to the American Railway Car Institute Committee of the Railway Supply Institute. In addition, third-quarter car orders rose 23 percent compared with similar 2005 data.
Quarterly car deliveries fell slightly to 19,008 units compared with the second quarter’s 19,466 units, but increased 16 percent compared with third-quarter 2005’s 16,987 units.
Meanwhile, the car backlog as of Oct. 1 totaled 88,116 units, a slight increase compared with the 85,692-unit backlog on July 1 and 86,857-unit backlog on April 1. On Oct. 1, 2005, the backlog stood at 60,986 cars.
