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Lowering the bar one more time: Jason H. Seidl
“We are lowering earnings expectations for most railroads to reflect traffic results,” says Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl, regarding upcoming second-quarter…
Greenbrier achieves goal of at least 20% gross margin in 3Q
The Greenbrier Companies Inc. (GBRX), Lake Oswego, Ore., released its financial results July 1, 2015, for its third fiscal quarter, which ended on May 31, 2015.
Industry leaders converge at Rail Insights conference
Railway Age was in Chicago June 17-18 at the Millennium Knickerbocker Hotel for its first-annual Rail Insights conference, structured as a series of conversations with industry leaders who, with Railway…
2015 GUIDE TO EQUIPMENT LEASING
There is more to life than tank cars. Though you may not believe it, other car markets do exist and continue to operate while tank cars dominate the headlines. Here’s…
Jerome Marullo joins Simmons-Boardman Railway Division
Jerome Marullo has joined the Simmons-Boardman Publishing Corp. Railway Division as Eastern Regional Advertising Sales Manager, with responsibility for Railway Age, Railway Track & Structures and International Railway Journal. He…
A&M refinances locomotives with RRIF loan
In 2013, the Arkansas & Missouri Railroad (A&M) substantially improved its locomotive fleet by acquiring three EMD SD70AC3 road units. The Federal Railroad Administration (FRA) on May 29, 2015 issued…
Zander joins Element Financial rail division
Toronto-based Element Financial Corp. has appointed railroad equipment finance veteran Harry Zander as Senior Vice President Sales in Element’s Rail Finance division. He reports to President, Element Rail & Aviation…
Carolina Worrell joins Railway Age as Managing Editor
Carolina Worrell has joined Railway Age as Managing Editor, based at Simmons-Boardman Publishing Corp.’s headquarters in New York City.
Greenbrier reports record second quarter
The Greenbrier Companies Inc. (GBRX), Lake Oswego, Ore., released its financial results April 7, 2015, for its second fiscal quarter, which ended on Feb. 28, 2015.
Mitsui combines with JA Mitsui Leasing, Norinchukin for North American Railcar leasing
Mitsui & Co. Ltd. has entered into an agreement with JA Mitsui Leasing Ltd. (JAML) and The Norinchukin Bank for their participation in Mitsui Rail Capital LLC (MRC), which operates…
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