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MBTA anger with Hyundai Rotem heats up
Reports from Boston-area print and television media Friday say Massachusetts Bay Transportation Authority (MBTA) is running short of patience over continuing delays of bilevel rail passenger equipment deliveries from Hyundai…
Teknoware Oy acquires North American presence
Lathi, Finland-based Teknoware Oy has acquired the assets and the name of Trans-Lite Inc. , a supplier of lighting systems for the rail industry in the U.S.
Greenbrier Cos. pleased with 1Q numbers
The Greenbrier Cos. early Wednesday reported its fiscal first-quarter results for the period ending Nov. 30, 2012, and indicated satisfaction with the outcome.
STB approves GWI, RailAmerica transaction
The Surface Transportation Board (STB) has approved Genesee & Wyoming Inc.’s application to control RailAmerica, Inc., and the RailAmerica railroads, effective Dec. 28, 2012.
Greenbrier to Icahn: No deal
The Greenbrier Companies has firmly rejected Carl Icahn-led American Railcar Industries’ conditional proposal to acquire Greenbrier for $22 per share. The offer “is unacceptable and not in the best interests…
Greenbrier plus ARI: Let the games begin
The Greenbrier Companies, one of only a handful of remaining domestic railcar manufacturing companies, late yesterday said that Carl Icahn’s current attempt to have American Railcar Industries (ARI), of which…
ARI offers to buy rival Greenbrier Cos.
American Railcar Industries Inc., controlled by well-known investor Carl Icahn, has offered to buy Lake Oswego, Ore.-based The Greenbrier Cos. Inc. for about $543 million.
Siemens to acquire Invensys Rail
Invensys announced late Wednesday it will sell Invensys Rail to Siemens AG for $2.8 billion.
Greenbrier Cos. affirms Icahn stock acquisition
The Greenbrier Cos. late Tuesday affirmed that "Carl C. Icahn and Reporting Persons affiliated with him have acquired 9.99% of the outstanding Common Stock of Greenbrier."
Shad Peterson named President of Sasser Family Holdings, Inc.
Sasser Family Holdings Inc., a fourth-generation, family-held transportation asset services and management company with roots dating back to 1928, has named Shad Peterson as President.
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