Freight Cars

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Freight car backlog nears 125,000 The freight car backlog at the end of third-quarter 2014 amounted to 124,437 cars and platforms, the highest backlog level since October 1979’s 127,887 (when figures were compiled monthly), according to figures Railway Age obtained from Economic Planning Associates (EPA) and the Railway Supply Institute. This third-quarter’s backlog dwarfs prior high points of first-quarter 2006’s 86,853
 units and third quarter 1998’s 69,858.

vertex-rail-readies-for-north-carolina-start-up
Vertex Rail Technologies LLC, a manufacturer of railroad tank cars, announced on Nov. 13, 2014 that it is opening a new plant in Wilmington, N.C., at a site that until 2011 was home to a Terex Cranes production facility. Vertex plans...
is-coal-on-a-comeback?
With utility losses stabilizing and global demand still strong, carloads are edging upward. It seems like yesterday that railroads were crying the blues over sharp losses in one of their chief business sectors, coal. U.S. Class I railroads originated a record 7.71...
a-stucki-co-forms-subsidiaries
Pittsburgh-based A. Stucki Co. on Monday, Nov. 10, 2014 said it is forming "several subsidiaries into an industrial division to emphasize its full range of production capabilities." The company hopes to better serve its international rail transportation and other markets with...
miner-completes-testing-for-aar-s-213-boxcar-plug-door-standard
Miner Enterprises has concluded boxcar plug door testing for door manufacturers pursuant to newly revised Association of American Railroads Standard S-213. A series of tests were conducted for the AAR at Miner’s Geneva, Ill., facility on boxcar plug doors. These tests...
freightcar-america-3q-earnings-much-improved
FreightCar America, Inc. reported third-quarter net income of $6.4 million, or 53 cents per diluted share, much better than the loss of $900,000, or 8 cents per diluted share, in the third quarter of 2013.  Chicago-based FreightCar America announced the...

freightcar-america-3q-earnings-much-improved
FreightCar America, Inc. reported third-quarter net income of $6.4 million, or 53 cents per diluted share, much better than the loss of $900,000, or 8 cents per diluted share, in the third quarter of 2013.  Chicago-based FreightCar America announced the...
greenbrier-cos-touts-record-4q-full-year
The Greenbrier Cos., Inc. on Thursday, Oct. 30, 2014 announced "record results for [the] fourth quarter and fiscal year," adding it had received orders of "an additional 11,400 units" after its fiscal fourth quarter ended on Aug. 31, 2014. Fourth-quarter net...
ari-3q-revenue-slips-but-backlog-grows
American Railcar Industries, Inc. (ARI) reported a drop in third-quarter revenue 2014 relative to the comparable period in 2013. St. Charles, Mo.-based ARI announced its results late Wednesday, Oct. 29, 2014, following the closing bell on Wall Street. Total consolidated revenue...
lb-foster-to-acquire-balfour-beatty-unit
L.B. Foster Co. announced on Wednesday, Oct. 29, 2014, an agreement to acquire the railroad tuning unit, FWO, of Balfour Beatty Rail GmbH. The German business provides track lubrication and switch roller equipment for international railway applications. "FWO railway products will complement and expand...
trinity-industries-3q-earnings-rise
Trinity Industries, Inc. announced third-quarter earnings of $149.4 million, or 90 cents per diluted share, up 43% from $99.6 billion, or 63 cents per share, in the third quarter of 2013. Trinity reported the news late Tuesday, Oct. 28, 2014,...