Finance / Leasing

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Factors affecting this year’s “equipment harvest” Fall is the season of the harvest. This is true for the farmers working their wheat, corn, and soybeans, but also true for many railcar owners. As important as bushel prices are to the farmer, determining what will be shipped to market or moved to storage, the fall brings a harvest mindset to the rail investor.

houston-metro-delays-lrt-launches
Continuing and mounting delays have forced Metropolitan Transit Authority of Harris County (Metro) from adding two new light rail transit lines to Houston's growing system. Metro now says it hopes to get both lines launched next year. Last summer, Metro expected...
tex-rail-gets-fta-faa-nods-to-proceed
The Fort Worth Transportation Authority (The T)'s TEX Rail project has received a Record of Decision (ROD) from both the Federal Transit Administration (FTA) and the Federal Aviation Administration, the T announced Monday, Sept. 29, 2014 . Construction could begin in...
hdr-inc-lands-arlington-county-streetcar-contract
Arlington County, Va., has selected HDR Inc. for preliminary design and engineering work for its 7.4-mile Columbia Pike Streetcar Line, serving both Arlington and Fairfax counties. The $26 million contract, approved narrowly by the Arlington County Board in a 3-to-2 vote...
san-francisco-taps-brookville-for-more-pcc-rebuilds
Brookville Equipment Corp. said Wednesday, Sept. 24, 2014 it and the San Francisco Municipal Transportation Agency (SFMTA) have agreed to terms "for the rebuild of 16 Presidents' Conference Committee (PCC) streetcars, adding a minimum of 20 years of service life...
in-mta-capital-plan-m-9s-for-metro-north
Prospects for Metro-North appear good for the railroad to acquire M-9 electric multiple-unit (EMU) equipment under parent Metropolitan Transportation Authority's upcoming five-year capital plan. Although MTA has identified only about $16.9 billion of the $32 billion identified in the 2015-2019 capital...

san-francisco-taps-brookville-for-more-pcc-rebuilds
Brookville Equipment Corp. said Wednesday, Sept. 24, 2014 it and the San Francisco Municipal Transportation Agency (SFMTA) have agreed to terms "for the rebuild of 16 Presidents' Conference Committee (PCC) streetcars, adding a minimum of 20 years of service life...
in-mta-capital-plan-m-9s-for-metro-north
Prospects for Metro-North appear good for the railroad to acquire M-9 electric multiple-unit (EMU) equipment under parent Metropolitan Transportation Authority's upcoming five-year capital plan. Although MTA has identified only about $16.9 billion of the $32 billion identified in the 2015-2019 capital...
greenbrier-touts-healthy-diverse-orders
The Greenbrier Companies, Inc. announced Wednesday, Sept. 17, 2014 it has received new orders amounting to 10,300 railcar units during its fiscal fourth quarter, which ended Aug. 31, 2014. Following the quarter's end, Greenbrier received additional orders of 4,700 railcars, totaling...
more-companies-back-detroit-m1-streetcar
Add Ford Motor Co. and DTE Energy to the list of Detroit-area companies committing funding and other support to the nascent Detroit M1 (or M-1) streetcar project, now under construction. Ford and DTE each announced $3 million in funding for the...
metro-north-honored-for-energy-savings
MTA Metro-North Railroad, beleaguered by accidents, oversights, and relentless negative media coverage during the past 12 months, offered some good news to the public on Tuesday, Sept. 16, 2014, as it was recognized for its energy savings efforts in Grand...