Finance/Leasing

GE Transportation's fourth-quarter results included $252 million in earnings, or "segment profits," in the fourth quarter, up 11.5% from $226 million in the comparable 2011 quarter.
Valero Energy Corp., billed as the world's largest independent refiner, plans to purchase 2,000 tank cars to increase shipment of crude oil to inland U.S. locations.
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…
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.
The Greenbrier Cos. early Wednesday reported its fiscal first-quarter results for the period ending Nov. 30, 2012, and indicated satisfaction with the outcome.
The Surface Transportation Board (STB) has approved Genesee & Wyoming Inc.’s application to control RailAmerica, Inc., and the RailAmerica railroads, effective Dec. 28, 2012.
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…
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…
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.
Invensys announced late Wednesday it will sell Invensys Rail to Siemens AG for $2.8 billion.
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