Finance/Leasing

Anthony D. “Tony” Kruglinski, Founder and President of Railroad Financial Corporation and Railway Age’s long-time Financial Editor, died Sunday, June 15, at his home in West Orange, N.J., of pancreatic cancer.…
OmniTRAX said Thursday, June 12, 2014, it will manage the Brownsville & Rio Grande International Railroad, a short line railway based in Brownsville, Tex. As well, OmniTRAX will also develop…
Addressing the Railway Age Crude By Rail Conference in Arlington, Va., Thursday, June 12, 2014, Association of American Railroads (AAR) President and CEO Edward R. Hamberger detailed the many steps…
A political action committee opposed to continued streetcar development in Kansas City, Mo., SmartKC, has received $20,000 from Missourians for Responsible Government to continue their fight.
The leasing marketplace is volatile, aggressive, and hungry.
“Tank car concerns are creating quite a stir,” says Eric Crawford of UBS Investment Research, commenting on the tank car market.
The Greenbrier Cos., Inc. and Watco Companies, LLC announced early Wednesday, June 4, 2014, a new company that will create a North American network of railcar repair shops.
Genesee & Wyoming Inc.'s newest rail subsidiary, Rapid City, Pierre & Eastern Railroad, Inc. (RCP&E), began operations Sunday, June 1, 2014, as Canadian Pacific completed the sale of the line,…
OmniTRAX announced Wednesday, May 28, 2014 that it is acquiring Sand Springs Railway Co., a 32-mile short line linking the railroad's namesake Oklahoma city with Tulsa, Okla.
Edmonton's proposed Valley Line Stage 1 Light Rail Transit expansion project has been assured of C$150 million (US$138 million) by Edmonton's Parlimentary representative Rona Ambrose.
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