Finance/Leasing

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…
New York's Metropolitan Transportation Authority (MTA) has officially launched a "next-generation energy storage system," designed to allow the agency to function in the event of power disruptions from various sources.
Trinity Industries on Tuesday, April 29, 2014, reported record net income of $226.4 million, or $2.85 per share, during its first quarter, up substantially from $79.1 million, or 99 cents…
RAIL.ONE USA Corp. on Tuesday, April 29, 2014, held an opening ceremony for a $22 million concrete rail tie plant in Clinton, Iowa, located within the city's Lincolnway Railport.
Light rail transit, and not urban maglev service, is the more likely transit development for Virginia Beach, Va., following an informal agreement reached late last week between the city's mayor…
General Electric, having given up on its efforts to acquire Ansaldo STS from Italian conglomerate Finmeccanica, is reportedly in negotiations with Alstom over a $13 billion takeover of the French…
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