Finance/Leasing

The San Francisco Municipal Transportation Agency (SFMTA) is set to award Siemens Mobility a contract for 261 S200 light rail transit (LRT) vehicles to replace the city's aging LRT fleet,…
Virginia has committed to funding up to half the cost of the contentious Columbia Pike streetcar project, designed to traverse the namesake avenue in Arlington and Fairfax counties, suburbs of…
The average growth rate by which shippers anticipate their businesses to grow has increased, the pricing and employment outlook remains solid, and ongoing rail traffic strength has been aided only…
The Greenbrier Cos. Wednesday, July 2, 2014, reported fiscal third-quarter net earnings of $33.6 million, or $1.03 per diluted share, compared with last year's fiscal third-quarter net earnings, excluding a…
Trinity Industries, Inc. has announced its intent to acquire Meyer Steel Structures, a provider of tubular steel structure for electricity transmission and generation, for about $600 million.
Indiana's Department of Transportation has selected Corridor Capital, LLC as its "preferred vendor" to manage and operate Amtrak's Hoosier State between Indianapolis and Chicago.
The Texas Transportation Commission dispensed $2.2 billion in funding Thursday, June 26, 2014, to numerous municipalities in the Lone Start State, including cities such as Houston, Dallas, and San Antonio.…
Anthony D. “Tony” Kruglinski, Founder and President of Railroad Financial Corporation and Railway Age’s long-time Financial Editor, died Sunday, June 15, at his home in West Orange, N.J., of pancreatic cancer.…
OmniTRAX said Thursday, June 12, 2014, it will manage the Brownsville & Rio Grande International Railroad, a short line railway based in Brownsville, Tex. As well, OmniTRAX will also develop…
Addressing the Railway Age Crude By Rail Conference in Arlington, Va., Thursday, June 12, 2014, Association of American Railroads (AAR) President and CEO Edward R. Hamberger detailed the many steps…
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