Finance/Leasing

Reporting on Cowen and Co.’s just-concluded 10th Annual Global Transportation Conference, analyst Matt Elkott said that railcar demand recovery is “likely sustainable but not at the same level as second-quarter…
The outlook for railcars “has brightened considerably,” according to the most recent market analysis from Peter Toja of Economic Planning Associates. Second-quarter 2017 deliveries of 10,625 cars and orders for…
Financial Edge, August 2017 Railway Age: Industry watchers spend a fair bit of time trying to take economic data and translate it into future carloads and railcar deliveries. Recent economic…
Vertex Railcar Corp. recently hired Barry Waters as Regional Sales Manager, overseeing sales and leasing activity in the Southeast.
CN said it moved a record 21.8 million metric tons of Western Canadian grain during the 2016-17 crop year.
Railinc Corp. says use of its RailSight intermodal and railcar data services, software applications, and analytics insights solutions has grown to include eight of North America’s 10 largest third-party logistics…
Following a meeting with GATX CFO and EVP Robert Lyons and Director of Investor Relations Jennifer McManus, Cowen and Company analyst Matt Elkott “came away with reinforced confidence that this…
Vertex Railcar Corp. has received an order from lessor Tealinc. for its optimized 2,480cf aggregate hopper car.
More than 80% of respondents to a CSX Service Quality survey issued by Cowen and Company say they have experienced service issues since the company initiated President and CEO Hunter…
Wabtec Corp. in reporting results on July 25 for the second quarter of 2017, noted a sales increase of nearly 30% and revised its guidance for the remainder of 2017…
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