Finance/Leasing

European Locomotive Leasing, a provider of full-service leasing of electric locomotives, has ordered an additional eight Vectron locomotives from Siemens.
VTG Rail Inc., the U.S. subsidiary of VTG AG, has acquired the fleet of U.S. railcar leasing company Redwood Rail LLC. The transaction, which adds 1,135 railcars to VTG’s fleet,…
Siemens has acquired MRX Technologies Group, headquartered in Perth, Australia, a provider of condition monitoring for rolling stock and rail Infrastructure, and inspection systems for rail networks.
Each year, hundreds of executives, technical experts, engineers and safety officers from across the railway supplier universe engage in an activity that, while largely unheralded, is enormously important to our…
Recently, a rumor circulated in the railcar lease market that a Class I railroad had made an overture to a group of its operating lessors requesting that these lessors submit…
Vertex Railcar Corp. said it has received an order for more than 130 2,480-cubic-foot open-top aggregate hoppers with automatic bottom gates and 60-degree side slopes.
Canadian Pacific President and Chief Executive Keith Creel will keynote the 249th meeting of the Midwest Association of Rail Shippers, July 10-11 at Grand Geneva Resort, Lake Geneva, Wisc.
SMBC Rail Services, LLC on June 1 acquired American Railcar Leasing (ARL); all railcars previously leased from ARL (SHPX and ACFX reporting marks) are now owned or managed by SMBC…
For individuals planning a career change to join the rail industry, just starting at a railway-related organization, or have been in the industry for a while, Michigan State University is…
The Greenbrier Companies, Inc. and Astra Holding GmbH on June 1 completed their previously announced plans to create Greenbrier-Astra Rail, described as “Europe’s largest end-to-end freight railcar manufacturing, engineering and…
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