Finance/Leasing

Indications are that the lean market for new railcars reached bottom in the first quarter and that orders should start to cycle ahead in the current quarter, according to a…
RailcarRx announced that its Repair Shop Management System now supports the TTX SEI billing format, to assist repair shops in performing billing on TTX pooled equipment.
The Connecticut Department of Transportation has selected a trio of consultants to help plan the future of the New Haven Line and the entire statewide rail system.
An investment group is seeking federal permission to construct a privately-owned, all-new railroad that would bypass the congestion of Chicago.
The Greenbrier Companies announced it completed its investment in Brazil-based Amsted-Maxion Equipamentos E Serviços Ferroviários S.A.
Car builder Trinity Industries on Tuesday said revenue and profits declined on “significantly lower” railcar deliveries in the first quarter of 2017 compared to the year-ago quarter.
Miner Enterprises said that industry adoption of the company's Double Groove pneumatic outlet gate for plastics continues to accelerate, and has been specified on more than 2,400 new railcars in…
Railcar builder Greenbrier Companies reported sales and earnings that beat estimates, and announced a new railcar lease agreement worth more than $1 billion.
Following in the spirit of its predecessors, the 31st annual Rail Equipment Finance Conference was a huge success and an incredible opportunity to get a complete understanding of today’s rail…
A U.S. District Court Judge in Alabama dismissed a lawsuit by CSX alleging a state tax on diesel fuel discriminated against railroads.
The government of Canada will provide C$1.8 billion (US$1.35 billion) to the GO Transit Regional Express rail (GO RER) project in the Greater Golden Horseshoe Area.
Due to a downturn in new railcar business, FreightCar America will shut down production at its Roanoke, Va. facility in June.
Southeastern Pennsylvania Transportation Authority (SEPTA) will advance initiatives to renew critical infrastructure, replace aging portions of its fleet, expand capacity for growing ridership and make technology improvements under its proposed…
I have stressed many times in this blog, and in my monthly magazine columns—at times in harsh terms that may have offended some people who, for reasons I can’t quite…
CN announced plans to repurchase up to 1.8 million of its common shares of stock as part of a repurchase program.
Cowen and Company analyst Matt Elkott has upgraded American Railcar Industries (ARI) to Outperform from Market Perform, “as earnings and fundamentals have not only remained stable but improved further on…
Motive Power Resources announced that it has completed its first locomotive overhaul at its new heavy overhaul and repair facility in Minooka, Ill.
The Coalition for America’s Gateways and Trade Corridors (CAGTC) called on President Donald Trump and Congress to fund the Department of Transportation’s Transportation Investments Generating Economic Recovery program, or TIGER,…
Europe’s largest rail freight carrier, DB Cargo, and GE Transportation have signed an agreement to digitize 250 locomotives across Germany, the United Kingdom, France and Poland over the next five…
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