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RSI Major Restructuring Under Way

RSI Major Restructuring Under Way
railwayage.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from railwayage.com Daily Mail and Mail on Sunday newspapers.

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greenbrier | Benzinga

greenbrier | Benzinga
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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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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ARCI 1Q21: Railcar Orders on the Rebound?

ARCI 1Q21: Railcar Orders on the Rebound?
May 05, 2021
ARCI 1Q21: Railcar Orders on the Rebound?
Written by
Marybeth Luczak, Executive Editor
While first-quarter 2021 railcar orders of 6,227 were up 83% from fourth-quarter 2020’s 3,397, they “still remain below pre-pandemic levels, which averaged at about 9,300 railcars per quarter in 2019,” according to ARCI.
First-quarter 2021 freight car reporting statistics from the Railway Supply Institute’s (RSI) American Railway Car Institute Committee (ARCI) show that, sequentially, orders grew, and deliveries and backlog were largely unchanged.
While orders of 6,227 railcars were up 83% from fourth-quarter 2020’s 3,397, they “still remain below pre-pandemic levels, which averaged at about 9,300 railcars per quarter in 2019,” according to ARCI. First-quarter 2021 orders were virtually flat (up 0.89%) compared with first-quarter 2020’s 6,172 cars. ....

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People News: Keolis Group, WSP USA, STV, Operation Lifesaver

People News: Keolis Group, WSP USA, STV, Operation Lifesaver
May 03, 2021
People News: Keolis Group, WSP USA, STV, Operation Lifesaver
Written by
Marybeth Luczak, Executive Editor
Keolis Group makes Executive Committee appointments; WSP USA National Transit and Rail Leader receives Woman of the Year Award from the Northeast Florida Chapter of WTS International (WTSI); STV appoints Vice President; Operation Lifesaver, Inc., (OLI) announces new members of the Board of Directors and National Advisory Council.
Clément Michel, Keolis Group
Clément Michel, President and CEO of Keolis North America, has been named Senior Executive Vice President Human Resources and Transformation of Keolis Group, succeeding Bruno Danet, who is leaving the company. Michel joins the Executive Committee and will also lead the group’s Health and Safety, Employee Engagement, and Sustainable Development policies. ....

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