But
coal car orders will bottom out and return to normal.
FCA had its IPO in early 05 at $ 19 per share and in 06 the stock was at $ 78 at the peak of the secular boom in
coal car orders.
Not exact matches
The reason
orders should be headed upwards include, a decreasing number of
coal cars in storage, many new utilities coming online, increased
coal car loadings and increased domestic and international demand.
In addition to the positive fundamentals for
coal and the likely pickup in
orders come 09, FCA is also diversifying its operations by developing non
coal rail
cars and an active exploration of international opportunities.
Every single country would have to radically increase its deployment of clean energy sources — things like solar or wind or nuclear or carbon capture for
coal or electric
cars or hydrogen
cars — by an
order of magnitude.