Finance / Leasing

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VTG expands U.S. railcar fleet Hamburg, Germany-based VTG Aktiengesellschaft (VTG), a railcar leasing and rail logistics company, said Tuesday, Dec. 10, 2013 it has expanded its U.S. railcar fleet.

norfolk-southern-notches-record-second-quarter
Norfolk Southern Corp. early Wednesday, July 23, 2014 reported "record net income" of $462 million, or diluted earnings per share of $1.79, in the second quarter. Those marks were 21% and 23% higher, respectively, from the $465 million, or $1.46...
cn-2q-earnings-show-strength
Rebounding from a first quarter hampered by what its CEO called the "winter of a lifetime," CN late Monday, July 21, 2014 reported second-quarter net income of C$847 million (US$789 million), up 18% from C$717 million in the second quarter...
gbw-railcar-services-marks-official-launch
The Greenbrier Cos., Inc. and Watco Cos. LLC announced Monday, July 21, 2014, that they "have completed formation of their 50/50 railcar repair joint venture creating the largest independent railcar repair shop network in North America. The new joint venture,...
rsi-2q-railcar-orders-deliveries-flex-muscle
The Railway Supply Institute on Friday, July 18, 2014, released its railcar industry order, delivery, and backlog statistics for the second quarter, with the data showing strong growth, which one analyst attributes largely to ongoing crude-by-rail (CBR) developments. Orders totaling 33,912...
kcs-reports-strong-2q-results
Kansas City Southern early Friday, July 18, 2014, reported higher second-quarter net income and revenue, which it said was powered by strong agriculture and automotive shipments. Earning for the quarter were $129.8 million, or $1.18 per diluted share, up sharply from...

gbw-railcar-services-marks-official-launch
The Greenbrier Cos., Inc. and Watco Cos. LLC announced Monday, July 21, 2014, that they "have completed formation of their 50/50 railcar repair joint venture creating the largest independent railcar repair shop network in North America. The new joint venture,...
rsi-2q-railcar-orders-deliveries-flex-muscle
The Railway Supply Institute on Friday, July 18, 2014, released its railcar industry order, delivery, and backlog statistics for the second quarter, with the data showing strong growth, which one analyst attributes largely to ongoing crude-by-rail (CBR) developments. Orders totaling 33,912...
kcs-reports-strong-2q-results
Kansas City Southern early Friday, July 18, 2014, reported higher second-quarter net income and revenue, which it said was powered by strong agriculture and automotive shipments. Earning for the quarter were $129.8 million, or $1.18 per diluted share, up sharply from...
cp-touts-“strongest-financial-results”-in-2q
Canadian Pacific early Thursday, July 17, 2014, reported second-quarter net income of C$371 million (US$345 million), or C$2.11 (US$1.96) per diluted share, a record for the second quarter, and up from C$252 million, or C$1.43 per share, in the comparable...
csx-2q-earnings
CSX Corp. announced record second-quarter net earnings of $529 million, or 53 cents per share, Tuesday afternoon, July 15, 2014, after the closing bell on Wall Street. Results were up from $521 million, or 51 cents per share, in the...