Freight Cars

Marc Garneau, Minister of Transport, announced on July 26 Protective Direction 38, which accelerates the phasing out of DOT-111 tank cars for crude oil service to November 1, 2016.
Wabtec Corp. on July 25, 2016 reported second-quarter results affected by lower freight sector-related revenues.
The Railway Supply Institute Committee on Tank Cars (RSICTC) has named veteran railcar design and regulatory compliance and safety professional John Byrne as Vice Chairman. Byrne succeeds William Finn, who…
Ithaca, N.Y.-based Smith Marketing Services has been awarded a contract for leading the branding effort for Railway Interchange 2017, to be held in Indianapolis Sept. 17-20, 2017.
The Railway Supply Institute American Railway Car Institute’s (ARCI) second-quarter 2016 freight car order, delivery and backlog statistics are “somewhat better than expected,” according to KeyBanc Capital Markets analyst Steve…
A terminal serving the crude oil industry is offering help for drought-stricken California.
Can exports revive North America’s crude-by-rail and coal?
The Greenbrier Companies, Inc., reported financial results for its third fiscal quarter ended May 31, 2016 that indicate continued strong performance, despite a railcar market that has softened in recent…
At the recent Railway Age “Rail Insights 2016” conference, I moderated a panel on the lease market for railcars. My panel participants were Robert Hart from Fifth Third Bank and…
Railcar demand “has weakened significantly in this year’s opening quarter and backlogs have dropped to only 95,038 cars,” according to the most recent report issued by Economic Planning Associates. The…
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