Finance/Leasing

CN said it moved a record 21.8 million metric tons of Western Canadian grain during the 2016-17 crop year.
Railinc Corp. says use of its RailSight intermodal and railcar data services, software applications, and analytics insights solutions has grown to include eight of North America’s 10 largest third-party logistics…
Following a meeting with GATX CFO and EVP Robert Lyons and Director of Investor Relations Jennifer McManus, Cowen and Company analyst Matt Elkott “came away with reinforced confidence that this…
Vertex Railcar Corp. has received an order from lessor Tealinc. for its optimized 2,480cf aggregate hopper car.
More than 80% of respondents to a CSX Service Quality survey issued by Cowen and Company say they have experienced service issues since the company initiated President and CEO Hunter…
Wabtec Corp. in reporting results on July 25 for the second quarter of 2017, noted a sales increase of nearly 30% and revised its guidance for the remainder of 2017…
Based on responses to Cowen and Company’s Second Quarter 2017 Rail Equipment Survey, the percentage of shippers who will or may order railcars is flat compared to 1Q2017, “but the…
Vertex Railcar Corp. is now officially certified to manufacture and supply tank cars to the North American market.
At Railway Age’s 2017 Rail Insights conference, attendees were treated to updates on a variety of current industry topics, such as the current status of Amtrak’s replacement of the Acela…
Demand for new freight cars is on the rise, and builders appear to be aggressively using pricing tools to take advantage of the recovery and retain or increase market share,…
Railcar builder Greenbrier Cos. reported weaker revenue and earnings in the fiscal third quarter from a year ago amid “challenging” markets that are expected to continue into 2018.
Vidal Street Industrial Park Inc (VIP) announced the implementation of RailcarRx’s Repair Management System (RailcarRx RMS™), a cloud-based solution to manage their Car Repair Billing process and shop operation.
Vertex Railcar Corp. has officially launched its updated website, at www.vertexrail.com.
European Locomotive Leasing, a provider of full-service leasing of electric locomotives, has ordered an additional eight Vectron locomotives from Siemens.
VTG Rail Inc., the U.S. subsidiary of VTG AG, has acquired the fleet of U.S. railcar leasing company Redwood Rail LLC. The transaction, which adds 1,135 railcars to VTG’s fleet,…
Siemens has acquired MRX Technologies Group, headquartered in Perth, Australia, a provider of condition monitoring for rolling stock and rail Infrastructure, and inspection systems for rail networks.
Each year, hundreds of executives, technical experts, engineers and safety officers from across the railway supplier universe engage in an activity that, while largely unheralded, is enormously important to our…
Recently, a rumor circulated in the railcar lease market that a Class I railroad had made an overture to a group of its operating lessors requesting that these lessors submit…
Vertex Railcar Corp. said it has received an order for more than 130 2,480-cubic-foot open-top aggregate hoppers with automatic bottom gates and 60-degree side slopes.
Canadian Pacific President and Chief Executive Keith Creel will keynote the 249th meeting of the Midwest Association of Rail Shippers, July 10-11 at Grand Geneva Resort, Lake Geneva, Wisc.
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