Freight Cars

Wabtec Corp. early Wednesday, Feb. 19, 2014, reported "record results" in its fourth quarter, including earnings per diluted share of 76 cents. Net income for the fourth quarter was $74 million,…
FreightCar America, Inc. reported a fourth-quarter loss following the close of trading Tuesday, Feb. 18, 2014, with its rail division contributing to the shortfall. The company's fourth quarter net loss…
Saint John, New Brunswick-based Irving Oil Ltd. announced plans Monday, Feb. 17, 2014, to voluntarily convert its older DOT-111 tank cars used in crude-by-rail (CBR) business—which has soared in recent…
West Brookfield, Mass.-based freight car lessor Boxcar Services LLC has 
merged with Vertex Rail Technologies LLC to form Vertex Rail
 Manufacturing. Beginning in second-quarter 2014, Vertex Rail will
 manufacture tank…
Two regional railroads and eight railway suppliers have joined the Association of American Railroads as Full Members and Associate Members, respectively.
The Greenbrier Companies announced on Feb. 5, 2014 that it will design a new-generation tank car for rail transport of hazardous freight, including flammable crude oil and ethanol, “that can…
Based on a “broadening demand for rolling stock, beginning-of-the-year backlogs, and continued growth in customer markets,” Economic Planning Associates, in its quarterly freight car review released Jan. 31, 2014, predicts…
CIT Group said early Monday, Feb. 3, 2014 it has acquired Paris-based Nacco SAS, "one of the largest independent full service railcar lessors in Europe."
The Watertown Urban Mission Food Pantry in upstate New York will undergo a $250,000 renovation this year, thanks to a charity established by the parent company of New York Air…
Dallas-based Trinity Industries, Inc. on Tuesday, Jan. 28, 2014 said it had closed the sale of the second tranche of leased railcars to Element Financial Corp., under the newly formed…
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