12/21/2016
Rail News: Federal Legislation & Regulation
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12/21/2016
Rail News: Federal Legislation & Regulation
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12/20/2016
Rail News: People
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12/20/2016
Rail News: Mechanical
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12/20/2016
Rail News: Security
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12/20/2016
Rail News: Short Lines & Regionals
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12/20/2016
Rail News: Passenger Rail
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12/20/2016
Rail News: Passenger Rail
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12/20/2016
Rail News: Supplier Spotlight
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12/20/2016
Rail News: Intermodal
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However, this improved freight environment will not stem the decline in new rail-car deliveries, which are forecast to decline by 34 percent year over year in 2017, to about 39,000 cars. Tank cars and covered hoppers will still dominate deliveries, accounting for 79 percent of the total, but deliveries in all rail-car segments will be lower next year. Orders are likely to improve, but with 2016 orders on pace to be the worst since 2009, this is probably a small consolation.
The backlog is another story. While it remains high at more than 77,000 cars, there is a disconnect in the backlog that was created over the last two years due to the over-ordering of energy-related equipment — particularly crude-by-rail (CBR) tank cars and frac sand covered hoppers. As a result, companies with prior orders have attempted to switch their car-type mix, or even cancel orders. The hope is that this backlog readjustment, which has had a dampening effect on new orders, will be completed soon.
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12/19/2016
Rail News: Passenger Rail
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12/19/2016
Rail News: People
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12/19/2016
Rail News: Passenger Rail
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12/19/2016
Rail News: High-Speed Rail
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12/19/2016
Rail News: Intermodal
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12/19/2016
Rail News: Passenger Rail
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12/19/2016
Rail News: Short Lines & Regionals
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12/19/2016
Rail News: CSX Transportation
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