Finance/Leasing

North American tank car manufacturer and lessor Union Tank Car Company (UTLX) has launched UTLX Repair Link, a BRC and railcar management portal, to streamline transactions with contract shops during…
Among the daredevil set, the cadre of YouTube videos of drivers that attempt to stress the limitations of Tesla’s driver assist (or self-driving) mode (searching “Tesla Autopilot” yields a search…
Sasser Family Holdings, Inc., has promoted Jeff Walsh, previously the company’s Chief Operating Officer, to Chief Executive Officer, effective Feb. 15. Walsh will replace Fred Sasser, who is stepping down…
The Greenbrier Companies announced that FBI veteran Greg Bretzing has been hired as Director of Global Security & Special Projects.
Stuart Chirls has joined the staff of Railway Age as Senior Editor, based at Simmons-Boardman Publishing Corp. headquarters in New York City.
BNSF Railway Company (BNSF) on Jan. 19 announced its 2017 capital expenditure plan will be approximately $3.4 billion.
Noted trucking industry veteran and freight economist Noel Perry appears to hold a positive near-to-intermediate term view of freight markets, projecting truckload capacity to exceed full utilization in 2018, according…
If 2016’s wild, throw-predictions-out-the-window runaway freight train of a Presidential election taught us anything, it’s that nothing is ever a given. As the old saw goes, never assume, because it…
Sumitomo Mitsui Banking Corp (SMBC) announced Dec. 19 that its railcar operating lessor and fleet management business, SMBC Rail Services LLC (SMBC Rail), has signed an agreement to purchase American…
Cowen and Company recently hosted a roundtable conference call with four rail equipment experts. “An uptick in freight car inquiries has occurred for one builder but has not yet translated…
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