Finance / Leasing

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Railcars for all your energy needs At the Railway Age “Energy by Rail” (EBR) conference, attendees were given a “What’s next?” point of view on the future of the transportation of coal, crude, LNG and other midstream products by rail, spearheaded by Matt Rose.

bnsf-plans-b-in-2017-capital-spending
BNSF Railway Company (BNSF) on Jan. 19 announced its 2017 capital expenditure plan will be approximately $3.4 billion.   Similar to last year’s $3.9 billion plan, the largest component of the plan will be to replace and maintain BNSF’s core network and...
cowen-and-company-perspectives-from-ftrs-noel-perry
Noted trucking industry veteran and freight economist Noel Perry appears to hold a positive near-to-intermediate term view of freight markets, projecting truckload capacity to exceed full utilization in 2018, according to Cowen and Company Managing Director and Railway Age Wall...
freight
If 2016’s wild, throw-predictions-out-the-window runaway freight train of a Presidential election taught us anything, it’s that nothing is ever a given. As the old saw goes, never assume, because it makes an a—well, you get it. Is a traffic recovery under...
smbc-rail-services-buys-american-railcar-leasing
Sumitomo Mitsui Banking Corp (SMBC) announced Dec. 19 that its railcar operating lessor and fleet management business, SMBC Rail Services LLC (SMBC Rail), has signed an agreement to purchase American Railcar Leasing LLC (ARL) from Icahn Enterprises L.P. The transaction will...
matt-elkott-inquiry-uptick-in-an-otherwise-sluggish-market
Cowen and Company recently hosted a roundtable conference call with four rail equipment experts. “An uptick in freight car inquiries has occurred for one builder but has not yet translated into increased orders,” notes analyst Matt Elkott. The panelists “sounded slightly...

railcars-for-all-your-energy-needs
At the Railway Age “Energy by Rail” (EBR) conference, attendees were given a “What’s next?” point of view on the future of the transportation of coal, crude, LNG and other midstream products by rail, spearheaded by Matt Rose. As a part...
2017-fast-trackers-nominations-open
Railway Age presents its second annual Fast Trackers contest, in which we will profile ten individuals under the age of 40 who have made an impact in their respective fields or within their company.     Entries will be judged by experienced industry...
not-in-my-railcar-you-don’t—right?
Railcar buyers are frequently of habit. It stands to reason. The costs of operating a railcar for moving a commodity are generally transportation, rent or debt expense (unless the asset is owned outright by the end user) and maintenance expenses. Additionally,...
rittenbaum-rising-at-glc
Mark J. Rittenbaum, Executive Vice President, Commercial & Leasing at The Greenbrier Companies, Inc. is transitioning to President of Greenbrier Leasing Corp. (GLC), in anticipation of James T. Sharp’s retirement Dec. 31, 2016. Sharp will continue in an advisory role through...
greenbrier-astra-rail-formed-in-europe
The Greenbrier Companies, Inc. and Astra Rail Management GmbH on Oct. 13 announced formation of Greenbrier-Astra Rail, a new company “that will create an end-to-end, Europe-based freight railcar manufacturing, engineering and repair business. The enterprise will consist of Greenbrier’s European...