Finance/Leasing

June 17 & 18, 2015  |  Millennium Knickerbocker Hotel  |  Chicago, IL Explore the challenges, issues, and trends affecting the North American rail market:  Is there enough rail capacity to handle America's growing economy?…
South Africa's Transnet said Monday, March 2, 2015 it has concluded financing to acquire 1,064 locomotives, estimated to cost $4.3 billion, for its Transnet Freight Rail subsidiary, which were ordered…
May 6 & 7, 2015  |  Key Bridge Marriott  |  Arlington, VA  -The Future of CBTC & PTC-  Communications-Based Train Control for rail transit and Positive Train Control for freight and main line passenger…
Galveston, Tex.'s City Council, in a 6-to-1 vote Thursday, Feb. 26, 2015, approved proceeding to re-establish the citys 6.8-mile diesel trolley car operation, which was discontinued in 2008.
M-1 streetcar representatives on Wednesday, Feb. 25, 2015 said the public-private organization has issued a Request for Proposals (RFP) seeking an operator for Detroit's 3.3-mile initial streetcar line.
SunRail regional ("commuter") train service expansions south of the current system into Florida's Osceola County, and north to DeLand, face potential delays of at least six months, Florida's Department of…
Sponsorships Railway Age's Rail Insights Conference is your opportunity to participate in a dialogue with the industry's leadership on the critical challenges facing the rail industry.Rail Insights will focus on the…
Darien, Conn.-based Genesee  & Wyoming announced Tuesday, Feb. 24, 2015, that it has agreed to acquire a 95% stake in Britain's Freightliner Group from Arcapita and other shareholders for $755 million…
OmniTRAX announced Monday, Feb, 23, 2015 that its affiliate, Peru Industrial Railroad, Inc., is purchasing Peru Rail Line from the short line’s namesake Illinois City.
Bombardier said Thursday, Feb. 19, 2015 that it will raise C$750 million (about US$600 million) through the sale of 339.4 million subscription receipts to a syndicate of underwriters, in order…
St. Charles. Mo.-based American Railcar Industries Inc. reported fourth-quarter net income of $22.7 million, or $1.06 per share, late Wednesday, Feb. 18, 2015, after the closing bell on Wall Street.…
Trinity Industries, Inc. released its fourth-quarter earnings late Wednesday, Feb. 18, 2015, which one Wall Street analyst defined as "solid" results.
FreightCar America reported its fourth-quarter and full-year 2014 results Tuesday, Feb. 17, 2015, after the closing bell on Wall Street, highlighted by positive net earnings in 2013 compared with a…
Wabtec Corp. on Wednesday, Feb. 18, 32015, reported record results for 2014, with expectations of repeating the accomplishment in 2015.
May 6 & 7, 2015   |  Key Bridge Marriott  |  Arlington, VA Sponsorships In the twenty years since its inaugural conference, Next-Gen Train Control (formerly International Conference on Communications-Based Train Control) has become the…
Greater Toronto and Hamilton Area agency Metrolinx has issued a Request for Information (RFI) spanning a range of propulsion options for future GO Transit equipment, including electric multiple-units (EMUs), electric…
Canadian Pacific Executive Vice President and Chief Financial Officer Bart W. Demosky has decided to leave the company effective May 31, 2015, after a little more than one year in…
Genesee & Wyoming Inc. on Tuesday, Feb. 10, 2015 reported improved fourth-quarter earnings and revenue, helping the company's full-year results recover from what it called a "slow start to 2014…
The indecision involving the type of rail mode for Toronto's Scarborough Line has now been assigned a specific cost: C$75 million (US$60 million), roughly C$10 million less than high-end estimates.
Wilmerding, Pa.-based Wabtec Corp. has acquired Railroad Controls L.P., a provider of railway signal construction services with annual revenue of about $75 million in 2014.
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