Finance/Leasing

The Greenbrier Companies Inc. (GBRX), Lake Oswego, Ore., released its financial results July 1, 2015, for its third fiscal quarter, which ended on May 31, 2015.
Railway Age was in Chicago June 17-18 at the Millennium Knickerbocker Hotel for its first-annual Rail Insights conference, structured as a series of conversations with industry leaders who, with Railway…
There is more to life than tank cars. Though you may not believe it, other car markets do exist and continue to operate while tank cars dominate the headlines. Here’s…
Jerome Marullo has joined the Simmons-Boardman Publishing Corp. Railway Division as Eastern Regional Advertising Sales Manager, with responsibility for Railway Age, Railway Track & Structures and International Railway Journal. He…
In 2013, the Arkansas & Missouri Railroad (A&M) substantially improved its locomotive fleet by acquiring three EMD SD70AC3 road units. The Federal Railroad Administration (FRA) on May 29, 2015 issued…
  Conference Agenda   Thursday, September 17       8:00   RegistrationContinental Breakfast | Sponsorship Available       9:00   Keynote AddressSarah Feinberg, Federal Railroad Administrator    …
Toronto-based Element Financial Corp. has appointed railroad equipment finance veteran Harry Zander as Senior Vice President Sales in Element’s Rail Finance division. He reports to President, Element Rail & Aviation…
Carolina Worrell has joined Railway Age as Managing Editor, based at Simmons-Boardman Publishing Corp.’s headquarters in New York City.
The Greenbrier Companies Inc. (GBRX), Lake Oswego, Ore., released its financial results April 7, 2015, for its second fiscal quarter, which ended on Feb. 28, 2015.
Mitsui & Co. Ltd. has entered into an agreement with JA Mitsui Leasing Ltd. (JAML) and The Norinchukin Bank for their participation in Mitsui Rail Capital LLC (MRC), which operates…
Genesee & Wyoming Inc. on March 25, 2015 completed the acquisition of approximately 94% of Britain’s Freightliner Group Ltd. for approximately US$733 million (at current exchange rates), plus the assumption…
Eight U.S. Senators this week introduced the Short Line Railroad Rehabilitation and Investment Act of 2015, designed to extend Section 45G (26 USC 45G) short line track maintenance tax credits…
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…
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…
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.…
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