Finance/Leasing

Eleanor, W. Va.-based Appalachian Railcar Services (ARS) on Friday, Jan. 9, 2015, said it has acquired BRC Rail Car Services of Lynchburg Va.
Voters in the Vancouver, B.C., metropolitan area will vote by mail between March 16 and May 29 on a half-per-cent sales tax proposal, which would be used to fund several…
Atlanta Mayor Kasim Reed announced Tuesday, Dec. 23, 2014, that the 2.7-mile Atlanta streetcar line would be officially launched for service on Dec. 30, fulfilling a pledge by the mayor…
Supporters of Detroit's M-1 (or M1) streetcar project said Tuesday, Dec. 23, 2014, that agreements had been "finalized for the second phase of an approximately $40 million total in New…
U.S. Senate approval Tuesday, Dec. 16, 2014, of 45-G, by a 76-to-16 vote, has assured passage of the measure, part of H.R. 5771, The Tax Increase Prevention Act of 2014, and…
Prague, Czech Republic-based Inkeon Group a.s., appears to be the frontrunner among four streetcar suppliers bidding for Oklahoma City's MAPS 3 project, with Brookville Equipment Corp. still a factor as…
Sacramento, Calif., downtown businesses next month will vote on creating a tax district designed to generate $30 million for a proposed streetcar project, initiated by neighboring West Sacramento in 2008…
Maryland state officials, state media outlets, and rail advocates are voicing cautious enthusiasm over funds identified in the fiscal year 2015 federal spending bill, still to be passed, for both…
As the industry waits for the DOT and PHMSA to determine the future of the tank railcar that will carry crude oil and other flammable commodities by rail, industry insiders…
KeyBanc Capital Markets Inc. issued best- and worst-case scenarios for the freight railcar production market Thursday, Dec. 4, 2014, "[g]iven the dramatic share price volatility in the railcar space following…
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