Transportation Industry
Car orders rise in first half - Brief Article
Railway Age, August, 2000
Orders were placed for 26,146 new freight cars in this year's first six months, up from 17,508 in the comparable 1999 period. In the second quarter, 11,595 new cars were ordered compared with 6,658 in the year-ago period. While orders have been above 1999 levels, production has continued to decline from last year's unusually high levels.
In second-quarter 2000, 14,179 new cars were delivered compared with 18,882 in the corresponding 1999 period. The undelivered backlog was 28,176 on July 1, down from 43,456 on July 1, 1999.
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