Rail Theory Forecasts Sees 52,300 New Railcar Deliveries in 2005.
Rail Theory Forecasts, a market analysis and railroad industry forecasting company, projects today that 52,300 new railcars will be delivered in 2005. This represents an 18% increase over the 44,300 cars that are estimated to be delivered in 2004.
Portland, OR (PRWEB) January 6, 2005 -- Rail Theory Forecasts, a market analysis and railroad industry forecasting company, projects today that 52,300 new railcars will be delivered in 2005. This represents an 18% increase over the 44,300 cars that are estimated to be delivered in 2004.
Toby Kolstad, Rail Theory Forecasts president, said, The increase in deliveries is due in part to a large backlog of orders that have accumulated from the shortage of cast parts that has persisted since 2003, and in part to a double digit surge in orders for certain car types such as intermodal equipment."
Rail Theory Forecasts, based near Portland, Oregon, is a financial and economic consulting company specializing in the railroad industry. The company publishes the North American Freight Car Market, a survey of railcar traffic and new railcar construction and all of the economic factors that affect the railroad industry.
# # #
|