Finance/Leasing

GATX Corp. Thursday, July 18, 2013, reported higher second-quarter net income of $35.1 million, or 74 cents per share, compared with $23.5 million, or 49 cents per share, in the…
Union Pacific recorted second-quarter earnings of $2.37 per share, or $1.1 billion, up from $2.10 a share, or $1 billion, in the second quarter of 2012, the Omaha-based Class I…
CSX late Tuesday, July 16, 2013, reported second-quarter earnings of 52 cents per share, or $533 million, on revenue of $3.1 billion, up from earnings $512 million, or 49 cents…
Greenwich, Conn.-based Genesee & Wyoming, Inc. early Friday said its second-quarter "same-railroad" volume had increased 6.5% compared with the second quarter of 2012 led in large measure by a surge…
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…
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