Finance/Leasing

A U.S. District Court Judge in Alabama dismissed a lawsuit by CSX alleging a state tax on diesel fuel discriminated against railroads.
The government of Canada will provide C$1.8 billion (US$1.35 billion) to the GO Transit Regional Express rail (GO RER) project in the Greater Golden Horseshoe Area.
Due to a downturn in new railcar business, FreightCar America will shut down production at its Roanoke, Va. facility in June.
Southeastern Pennsylvania Transportation Authority (SEPTA) will advance initiatives to renew critical infrastructure, replace aging portions of its fleet, expand capacity for growing ridership and make technology improvements under its proposed…
I have stressed many times in this blog, and in my monthly magazine columns—at times in harsh terms that may have offended some people who, for reasons I can’t quite…
CN announced plans to repurchase up to 1.8 million of its common shares of stock as part of a repurchase program.
Cowen and Company analyst Matt Elkott has upgraded American Railcar Industries (ARI) to Outperform from Market Perform, “as earnings and fundamentals have not only remained stable but improved further on…
Motive Power Resources announced that it has completed its first locomotive overhaul at its new heavy overhaul and repair facility in Minooka, Ill.
The Coalition for America’s Gateways and Trade Corridors (CAGTC) called on President Donald Trump and Congress to fund the Department of Transportation’s Transportation Investments Generating Economic Recovery program, or TIGER,…
Europe’s largest rail freight carrier, DB Cargo, and GE Transportation have signed an agreement to digitize 250 locomotives across Germany, the United Kingdom, France and Poland over the next five…
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