Finance/Leasing

Union Pacific has named Jon Panzer vice president and treasurer; Jennifer Hamann vice president-Planning and Analysis, and Bryan Clark vice president-Tax. The company said Mary Jones, vice president and treasurer,…
The results of Cowen and Company’s Third-Quarter 2017 Railcar Survey are a “net neutral,” based on several factors, according to Vice President Matt Elkott. The percentage of shippers responding to…
General Electric announced that Rafael Santana, president and Chief Executive of GE Latin America, has been named president and CEO of GE Transportation, effective November 1.
Long-time Greenbrier Cos. executive and board member, and former Interstate Commerce Commission Chairman A. Daniel O’Neal died at home on Oct. 10 at the age of 81.
Two railcar orders, one for 2,500 railcars valued at $200 million, the other for 1,400 valued at $120 million, have brought the Greenbrier Companies, Inc. to a total of 3,900…
Two shipper surveys, one on railcars, the other on rail service, conducted by Cowen and Company at the Sept. 26-28 Northeast Association of Rail Shippers (NEARS) 2017 annual conference indicated…
The Greenbrier Companies, Inc. on Sept. 13 announced production of its 50,000th covered hopper, just months after it reached a major intermodal mark.
Freight car industry interests who participated in a discussion panel at Cowen and Company’s 10th Annual Global Transportation Conference in Boston offered their observations on a wide range of topics…
The Association of American Railroads (AAR) has approved freight car castings from TVSZ (Tikhvin Freight Car Building Plant, Russia, a subsidiary of United Wagon Co.) for unrestricted interchange service on…
Reporting on Cowen and Co.’s just-concluded 10th Annual Global Transportation Conference, analyst Matt Elkott said that railcar demand recovery is “likely sustainable but not at the same level as second-quarter…
The outlook for railcars “has brightened considerably,” according to the most recent market analysis from Peter Toja of Economic Planning Associates. Second-quarter 2017 deliveries of 10,625 cars and orders for…
Financial Edge, August 2017 Railway Age: Industry watchers spend a fair bit of time trying to take economic data and translate it into future carloads and railcar deliveries. Recent economic…
Vertex Railcar Corp. recently hired Barry Waters as Regional Sales Manager, overseeing sales and leasing activity in the Southeast.
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…
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