Freight Cars

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Greenbrier Cos. touts fiscal 2Q15 orders The Greenbrier Companies, Inc. announced Tuesday, March 17, 2015 it has received new orders in its second quarter ended Feb. 28, 2015 for 10,100 railcar units valued at $1.09 billion.

Tank car builder The Greenbrier Companies is urging the White House Office of Management and Budget to disregard advice by the company’s own industry trade group, the Railway Supply Institute-Committee on Tank Cars (RSI-CTC), and proceed full speed ahead with...
retired-us-navy-seal-to-keynote-railway-interchange-2015
Railway Interchange 2015 host organizations announced Thursday, March 12, 2015 that motivational speaker and retired U.S. Navy SEAL Robert O'Neill will deliver the keynote address for the conference and exhibition, being held Oct. 4-7, 2015 in Minneapolis. O'Neill held combat leadership...
aar-comments-on-transport-canada-proposal
Association of American Railroads (AAR) President and CEO Edward R. Hamberger responded late Wednesday, March 11, 2015, to Transport Canada's proposed TC-117 tank car standard. "We are pleased with Transport Canada's sensible approach of expediting the rulemaking process for tank car...
Warwick, N.Y.-based Mechanical Rubber Products Co. announced Monday, March 9, 2015 it has acquired Prestige Rubber Manufacturing Co., based in Fairfield, N.J. Mechanical's asset purchase "included extrusion dies, mandrels, compounds, expansion joint forms and customer order records," the company said. Mechanical...
2015-freight-car-deliveries-85000
Based upon a record backlog of nearly 143,000 units, Economic Planning Associates is projecting deliveries of 85,000 freight cars and intermodal platforms in 2015. Close to half—40,000 cars—will be tank cars. “Demand for railcars continues to expand,” EPA’s Peter Toja notes...

Warwick, N.Y.-based Mechanical Rubber Products Co. announced Monday, March 9, 2015 it has acquired Prestige Rubber Manufacturing Co., based in Fairfield, N.J. Mechanical's asset purchase "included extrusion dies, mandrels, compounds, expansion joint forms and customer order records," the company said. Mechanical...
2015-freight-car-deliveries-85000
Based upon a record backlog of nearly 143,000 units, Economic Planning Associates is projecting deliveries of 85,000 freight cars and intermodal platforms in 2015. Close to half—40,000 cars—will be tank cars. “Demand for railcars continues to expand,” EPA’s Peter Toja notes...
tank-car-builder-chooses-nyab-db-60-ii-with-brake-cylinder-maintaining
New York Air Brake (NYAB) shipped its first DB-60 II air brake control valves equipped with its new Brake Cylinder Maintaining (BCM™) feature on Feb. 23, 2015. The valves will be installed in new CPC-1232-spec tank cars designed to carry...
ari-4q-earnings-disappoint-street
St. Charles. Mo.-based American Railcar Industries Inc. reported fourth-quarter net income of $22.7 million, or $1.06 per share, late Wednesday, Feb. 18, 2015, after the closing bell on Wall Street. Net income was up 3% from the comparable quarter in...
trinity-industries-reports-good-4q-2014
Trinity Industries, Inc. released its fourth-quarter earnings late Wednesday, Feb. 18, 2015, which one Wall Street analyst defined as "solid" results. Dallas-based Trinity Industries reported fourth-quarter net income "attributable to Trinity stockholders" of $138.2 million, or 86 cents per diluted share,...