Finance/Leasing

Union Pacific’s record $3.7 billion in capital expenditures in 2012 returned quick dividends, and resulted in the 151-year-old railroad’s best year for its investors.
Isabel Hamilton Benham, who died May 18, 2013, at the age of 103, was a formidable and influential presence in railroad affairs on Wall Street for much of the 20th Century. She…
The good news is obvious; the bad news is actually hard to find.
Based on research that I have recently concluded, the “best of times” are clearly being had by anyone in our industry who has anything to do with the movement of…
CN is holding discussions with Montreal's Agence metropolitaine de transport (AMT) on the possible sale of CN's Deux-Montagnes line, including the Mount Royal tunnel, used by AMT regional trains.
Iowa Pacific Holdings, LLC announced on May 10 that it has reached a preliminary understanding with two institutional investors for up to $35 million of new capital that will be…
FreightCar America, Inc. Wednesday reported a net loss of $2.6 million, or 22 cents per diluted share, in the first quarter of 2013, on revenue of $87.6 million. That compared…
Genesee & Wyoming, Inc. Wednesday reported first-quarter net income of $82.7 million, compared with net income of $22.2 million in the first quarter of 2012. Excluding the impact of certain…
Trinity Industries, Inc., in announcing earnings results for the
 first quarter ended March 31, 2013, noted that the company’s Rail Group received orders for 14,505 new railcars during the first…
GATX Corp. Thursday reported first-quarter net income of $27.1 million, or 57 cents per diluted share, down from $30.3 million, or 64 cents per diluted share, in the first quarter…
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