Freight Cars

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Greenbrier produces 50,000th covered hopper The Greenbrier Companies, Inc. on Sept. 13 announced production of its 50,000th covered hopper, just months after it reached a major intermodal mark.

greenbrier-builds-50000th-covered-hopper
The Greenbrier Companies, Inc. on Sept. 13 announced production of its 50,000th covered hopper, just months after it reached a major intermodal mark. This production milestone follows Greenbrier’s announcement in February of reaching 100,000th intermodal doublestack railcars. “These achievements demonstrate Greenbrier’s...
cowen-freight-car-panel-market-pros-and-cons
Freight car industry interests who participated in a discussion panel at Cowen and Company’s 10th Annual Global Transportation Conference in Boston offered their observations on a wide range of topics affecting the market. Among them: the recent uptick in railcar...
truck-castings-the-russians-are-coming
The Association of American Railroads (AAR) has approved freight car castings from TVSZ (Tikhvin Freight Car Building Plant, Russia, a subsidiary of United Wagon Co.) for unrestricted interchange service on North American railroads. TVSZ has begun shipping the castings; the...
penn-state-altoona-rte-program-abet-accredited
The Engineering Accreditation Commission of ABET (Accreditation Board for Engineering and Technology, Inc.), the global accreditor of college and university programs in applied and natural science, computing, engineering and engineering technology, has sanctioned Penn State University-Altoona’s Rail Transportation Engineering (RTE)...
railcar-inquiries-remain-elevated-cowen-and-co
Reporting on Cowen and Co.’s just-concluded 10th Annual Global Transportation Conference, analyst Matt Elkott said that railcar demand recovery is “likely sustainable but not at the same level as second-quarter 2017.” Cowen is projecting third-quarter 2017 orders for 9,400 units,...

freight-car-market-looking-better-and-better
The outlook for railcars “has brightened considerably,” according to the most recent market analysis from Peter Toja of Economic Planning Associates. Second-quarter 2017 deliveries of 10,625 cars and orders for 17,665 raised industry backlogs from 60,471 at the end of...
rudderless-rail-economy-continues-trek
Financial Edge, August 2017 Railway Age: Industry watchers spend a fair bit of time trying to take economic data and translate it into future carloads and railcar deliveries. Recent economic data continues to confound watchers who, several years into an...
waters-to-lead-vertex-southeast-sales
Vertex Railcar Corp. recently hired Barry Waters as Regional Sales Manager, overseeing sales and leasing activity in the Southeast. Waters brings more than 30 years of sales, leasing, and rail experience to Vertex, based in Wilmington, N.C. He began his career...
containers-trailers-top-carload-gains
The Association of American Railroads reported U.S. rail traffic for the week ending August 19 was 554,021 carloads and intermodal units, up 4.4% from the same week a year ago. Total volume was 271,675 carloads, up 0.8%, while intermodal volume was...
cn-sees-record-grain-tonnage
CN said it moved a record 21.8 million metric tons of Western Canadian grain during the 2016-17 crop year. That was up 2% from the prior record set in 2014-15, and tonnage was 7% higher than the prior three-year average, according...

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