During earnings season, railcar manufacturers will discuss the size of their railcar backlog. What are backlogs and why are they important? This AskWaves article will look at this topic.
What is a railcar backlog?A backlog is simply the orders for railcars that leasing companies, railroads and private businesses such as chemical companies and banks place with railcar manufacturers that have not yet been delivered by the manufacturers.
As a manufacturer delivers an order of railcars, the backlog...
https://www.freightwaves.com/news/how-railcar-backlogs-reflect-market-dynamics