Railcar builder Trinity Industries announced it would sell its infrastructure-related business to shareholders as part of a strategy for future growth, and spend $500 million to buy back shares.
Railcar repair and lessor The Andersons announced the retirement of Rail Group executives Rasesh Shah, president, and Vice President of Sales Charles (Chuck) Brown.
Caltrax is the latest railcar repair shop to switch to RailcarRx Repair Management System (RMS), for cloud-based RMS to manage its daily railcar repair operations.
Come Feb. 1, 2018, the Railway Supply Institute (RSI) will have new leadership, as President Tom Simpson, who has spent nearly 30 years at the organization, retires. Mike O’Malley, a…
There have been four rounds of NAFTA (North American Free Trade Agreement) re-negotiations, with the fifth round set for Mexico City beginning Nov. 17. According to Workingman’s Dead: NAFTA Withdrawal…
Financial Edge, November 2017: Last month’s Railroad Financial Desk Book identified the influx of new investment capital as a cause for concern for railcar investors. Not discussed was that as…
In spite of a slowing in the movements of major commodities, demand for railcars was relatively stable in this year’s third quarter, according to the most recent report issued by…
The Greenbrier Companies subsidiary Greenbrier Management Services LLC (GMS) has expanded its railcar fleet under management by approximately 85,000 units to 355,000 since Aug. 31, 2016, an increase of more…
Weaker demand and lower lease rates weighed on American Railcar Industries results in the fiscal third quarter, as a challenging market hit sales of new cars.
The League of Railway Industry Women (LRIW), an organization that supports women in the rail industry, recently appointed new executive officers and elected six officers to its board of directors.
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