Finance/Leasing

Hermon, Maine-based Montreal, Maine & Atlantic Railway has a new identity – Central Maine and Quebec Railway – following its purchase by Railroad Acquisisition Holdings LLC, an arm of New…
St. Paul, Minn.'s yet-to-open Green Line (Central Corridor LRT project) is being credited with "at least $2.5 billion worth of new construction and redevelopment projects" by the Metropolitan Council, overseeing public…
Choosing an option preferred by some other U.S. cities redeploying streetcars within their borders, Atlanta on Tuesday, May 13, 2014 said it would share direct operational responsibility of its new…
Kansas City Southern appears to have become the target of shareholder class action, including from a law firm claiming the Class I railroad "and certain of its executive officers made…
Despite the difficult winter conditions of the first quarter, CSX is positioned to capitalize on underlying economic strength and market opportunities in the balance of 2014 to grow earnings, Fredrik…
Norfolk Southern CEO Wick Moorman, addressing the company's annual meeting in Williamsburg, Va., gave company shareholders numerous reasons for continued optimism following a year that contained what NS hails as…
"Harsh winter weather" made the going tough for FreightCar America, Inc. during the first quarter, resulting in depressed earnings and revenue, FCA CEO Joe McNeely said during a teleconference Monday, May…
Genesee & Wyoming, Inc. on Thursday, May 1, 2014, cited "severe winter weather" as a primary factor disrupting its first-quarter earnings and revenue.
Economic Planning Associates has made a modest upward revision to its freight car deliveries estimate for 2014, to 62,300 units. This number, EPA said, “is based on first-quarter 2014’s strength…
American Railcar Industries, Inc. reported a first-quarter profit of $20.8 million, or 97 cents per share, late Wednesday, April 30, 2014, after the closing bell on Wall Street. compared with…
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