Finance/Leasing

The Greenbrier Companies, Inc. announced Wednesday, Sept. 17, 2014 it has received new orders amounting to 10,300 railcar units during its fiscal fourth quarter, which ended Aug. 31, 2014.
Add Ford Motor Co. and DTE Energy to the list of Detroit-area companies committing funding and other support to the nascent Detroit M1 (or M-1) streetcar project, now under construction.
MTA Metro-North Railroad, beleaguered by accidents, oversights, and relentless negative media coverage during the past 12 months, offered some good news to the public on Tuesday, Sept. 16, 2014, as…
Fall is the season of the harvest. This is true for the farmers working their wheat, corn, and soybeans, but also true for many railcar owners. As important as bushel…
Balfour Beatty has announced it has sold its engineering and design consultancy subsidiary Parsons Brinckerhoff (PB) to WSP Global, Canada, for £820 million, or roughly US$1.35 billion (roughly C$1.5 billion).
Loram Maintenance of Way, Inc. on Sept. 4, 2014 announced it has acquired a majority stake in Railway Vehicle Engineering Ltd. (RVEL), based in Derby, United Kingdom.
Two huge Chinese rolling stock manufacturers, China CNR Corp. and CSR Corp., have suspended trading of their shares following reports in the Chinese media that the Chinese government is looking…
R. J. Corman Railroad Company/Texas Lines LLC late Tuesday, Sept. 2, 2014 announced the purchase of the assets of Texas Southeastern Railroad (TSE), previously a subsidiary of Georgia-Pacific LLC.
The Surface Transportation Board (STB) ruled Sept. 2 that five Class I railroads—BNSF, U.S. affiliates of Canadian National and Canadian Pacific, Norfolk Southern and Union Pacific—are revenue adequate. That is,…
The Surface Transportation Board announced Tuesday, Sept. 2, 2014, that it has found five U.S. Class I railroad properties to be "revenue adequate for the year 2013, meaning that five…
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