Finance/Leasing

Erie, Pa.-based GE Transportation notched revenue of $1.4 billion in the third quarter, up 9% from the same period a year ago, and a profit of $265 million, up 35%…
Despite record revenue for the third quarter, Kansas City Southern earnings of $90 million, or 82 cents per share, fell from $99.8 million, or 91 cents per share, in the…
Chicago-based GATX Corp. Thursday reported third-quarter net income of $53.8 million, or $1.13 per share, up from $32.9 million or 70 cents per share in third quarter of 2011. Both…
Union Pacific early Thursday reported third-quarter earnings of $1 billion, or $2.19 per diluted share, up from $904 million, or $1.85 per diluted share, in the comparable period in 2011…
CSX Corp. Tuesday reported third-quarter net earnings of $455 million, down 2% from the $464 million in the third quarter of 2011. But earnings per share were up 2% year-over-year…
In October of each year, we put on our thinking caps and attempt to divine what is coming at us in the New Year—rail equipment and rail finance, that is.
Norfolk Southern announced late Wednesday that third-quarter 2012 earnings are expected to be in the range of $1.18 to $1.25 per diluted share, "primarily due to volume declines in certain markets and…
Genesee & Wyoming Inc (GWR) announced Friday that it has priced its previously announced offering of 3,500,000 shares of Class A common Stock—including 233,966 shares held by its board chairman—at $64.75 per share,…
Dallas-based Trinity Industries, Inc. late Thursday announced it will purchase 665,000 square feet of heavy manufacturing capacity from DMI Industries, a subsidiary of Fargo, N.D.-based Otter Tail Corp., for $20…
The New York Metropolitan Transportation Authority announced on Tuesday — the first anniversary of Tropical Storm Irene's visit to MTA's properties — that it continues to work "diligently towards maximizing…
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