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Railcar lessors and rail manufacturers eye recovering market in 2021


The market for freight railcars is showing signs of improvement but data for railcar orders, deliveries and backlogs still reflects current market softness.
Railcar orders rose by 80% to 6,227 railcars in the first quarter of 2021 from the fourth quarter of 2020, although orders are still below pre-pandemic levels, according to the Railway Supply Institute (RSI). 
In comparison to Q1 orders, the quarterly average for 2019 was about 9,300 railcars, RSI said. RSI’s American Railcar Institute Committee releases the data.  
Deliveries were flat to lower in the first quarter, down 3.5% to 5,996 railcars, while the backlog has “remained static,” at 34,829. The fourth-quarter 2020 backlog of 34,598 was the lowest backlog point since 2010, RSI said. ....

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