Freight Cars

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Freight car market “better than expected”: KeyBanc The Railway Supply Institute American Railway Car Institute’s (ARCI) second-quarter 2016 freight car order, delivery and backlog statistics are “somewhat better than expected,” according to KeyBanc Capital Markets analyst Steve Barger.

the-us-railcar-market
A leasing company peer was lamenting the state of the railcar marketplace, the downward and steady pressure on railcar lease rates and the dim prospects for a 2017 rebound. The discussion turned to the topic of the seeming disconnect between...
cowan-appointed-president-greenbrier-international
The Greenbrier Companies Inc. has appointed Jim Cowan President of Greenbrier International, reporting to Greenbrier Chairman and CEO William A. Furman. Cowan retains his role as CEO of GBW Railcar Services LLC, a 50/50 railcar repair and refurbishment joint venture with...
amsted-rail-ge-form-strategic-partnership
Amsted Rail and GE Transportation have formed a joint venture “to combine GE’s experience in train management and locomotive monitoring with Amsted Rail’s expertise in onboard monitoring of railcar component condition,” the companies said in an announcement. It’s “the first...
swezey-named-powerbrace-president
Powerbrace Corp., a subsidiary of Miner Enterprises, has promoted General Manager John Swezey to President, effective immediately. As General Manager of Powerbrace, Swezey was responsible for the company’s operations in Kenosha, Wisc., as well as its manufacturing facility in Saltillo, Mexico....
for-miner-twice-is-nice-from-trinityrail
For the second consecutive year, TrinityRail has awarded Miner Enterprises, Inc. a Premier Supplier Award. Trinity selected Miner as one of 13 standard component suppliers deserving special recognition based on product quality, pricing, and reliable on-time delivery. A manufacturer of railcar...

carbuilders-remain-cautious-cowen-and-company
At Cowen and Company’s Eighth Annual Global Transportation Conference, analyst Matt Elkott hosted a railcar outlook and overview discussion panel featuring Railroad Financial Corp. President and Railway Age Financial Editor David Nahass, Northeast Logistics Systems LLC Founder and Principal Richard...
strato-among-top-new-jersey-businesses
Long-time rail industry supplier Strato, Inc., which designs and manufactures airbrake hose and components, freight and passenger car parts, castings and fabrications and provides custom product design and engineering services, has been named a Top 250 Privately Held Company by...
the-greenbrier-companies-announces-formation-of-regulatory-services-group
The Greenbrier Companies announced Sept. 8, 2016 that its subsidiary, Greenbrier Management Services LLC (GMS) has expanded its railcar asset management business with the launch of a new Regulatory Services Group led by James H. Rader, Vice President of Regulatory...
commentary-remains-cautious
The economy remains “tepid” and surface transportation companies “remain focused on controlling costs, limiting capex and searching hard for growth opportunities,” according to Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl, reporting on the...
nyab’s-carr-awarded-goodwyn-holmes-medallion
The Coal Institute has honored New York Air Brake Senior Regional Sales Manager-Southeast U.S Tim Carr with the Goodwyn Holmes Medallion. The Coal Institute selected Carr “for meritorious service and professional demeanor in promoting the coal industry and coal utilization. Mr....