Finance/Leasing

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…
CSX Corp. is on target for its fourth-quarter earnings expectations and is confident of the longer-term outlook, Chief Financial Officer Fredrik Eliasson told those attending the Credit Suisse Global Industrials…
Cincinnati has been assigned the fiscal streetcar burden foisted on other cities, in its case by a judge declaring Duke Energy is not responsible for the cost of moving utilities…
The Federal Transit Administration has pledged about $996 million in "New Starts" funding to support extension of Massachusetts Bay Transportation Authority's (MBTA) Green Line from Cambridge to Somerville and Medford.
Amtrak released it fiscal year 2014 revenue numbers Tuesday, Nov. 25, 2014, citing continued financial performance that drew grudging coverage even from media adversaries of the national passenger railroad.
The San Diego Association of Governments Board of Directors (SANDAG) has unanimously approved the final environmental impact report (FEIS) for extending the San Diego Trolley from Old Town to La…
Genesee & Wyoming Inc. (GWI) late Wednesday, Nov. 19, 2014 announced it "has signed an agreement with Pinsly Railroad Company of Westfield, Mass., to acquire certain subsidiaries that constitute Pinsly's…
Arlington County officials said Tuesday, Nov. 18, 2014 that the county is canceling its plans for two streetcar projects, bowing to continual opposition and heightened by a recent local election.
Canadian Pacific announced on Monday, Nov. 17, 2014 it would sell a line of roughly 200 miles, cutting across Pennsylvania and New York, to Norfolk Southern Corp. for $192.6 million.
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