Finance/Leasing

U.S. Senate approval Tuesday, Dec. 16, 2014, of 45-G, by a 76-to-16 vote, has assured passage of the measure, part of H.R. 5771, The Tax Increase Prevention Act of 2014, and…
Prague, Czech Republic-based Inkeon Group a.s., appears to be the frontrunner among four streetcar suppliers bidding for Oklahoma City's MAPS 3 project, with Brookville Equipment Corp. still a factor as…
Sacramento, Calif., downtown businesses next month will vote on creating a tax district designed to generate $30 million for a proposed streetcar project, initiated by neighboring West Sacramento in 2008…
Maryland state officials, state media outlets, and rail advocates are voicing cautious enthusiasm over funds identified in the fiscal year 2015 federal spending bill, still to be passed, for both…
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.
Opposition to a proposed $3.3 billion multimodal bridge linking Oregon and Washington last year killed the controversial Columbia River Crossing (CRC) project, sinking additions to Interstate 5 road capacity and…
Three consortia submitted sealed bids late Thursday, Oct. 30, 2014, to the California High-Speed Rail Authority (CHSRA), expressing interest in overseeing construction of the second leg of the state's proposed…
Darien, Conn.-based Genesee & Wyoming, Inc. on Friday, Oct. 31, 2014 reported third-quarter net income of $72.9 million, compared with net income of $66.2 million in the third quarter of…
FreightCar America, Inc. reported third-quarter net income of $6.4 million, or 53 cents per diluted share, much better than the loss of $900,000, or 8 cents per diluted share, in…
The Greenbrier Cos., Inc. on Thursday, Oct. 30, 2014 announced "record results for [the] fourth quarter and fiscal year," adding it had received orders of "an additional 11,400 units" after…
American Railcar Industries, Inc. (ARI) reported a drop in third-quarter revenue 2014 relative to the comparable period in 2013. St. Charles, Mo.-based ARI announced its results late Wednesday, Oct. 29,…
Start
Prev
1
Page 1 of 39