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U.S. suppliers to expand InnoTrans presence
The U.S. railway supply industry, through its principal trade and professional associations, will be increasing its presence at InnoTrans 2014, with a goal of increasing export business. Over the period…
ARI reports “strong” 3Q earnings
St. Charles, Mo.-based American Railcar Industries, Inc. has reported "strong" third-quarter earnings of $35.6 million, or 98 cents per share, up 17% from earnings of $30.3 million in the third…
Freight car backlog will boost 2014 deliveries
The backlog of ordered and undelivered new freight cars stands at 73,800 units, “a relatively high level from an historical perspective,” according to Economic Planning Associates (EPA). That high number…
For Greenbrier, record fourth-quarter earnings
The Greenbrier Companies, Inc. financial results for its fourth quarter and fiscal year ended Aug. 31, 2013 included record net quarterly earnings, and a railcar backlog of 14,400 units worth…
FreightCar America reports 3Q loss
FreightCar America, Inc. reported a third-quarter loss in both revenue and earnings Wednesday, Oct. 29, 2013, driven in large measure by lower railcar deliveries, according to one Wall Street analyst.
Trinity Industries record 3Q earnings beat Street
Trinity Industries, Inc. reported record third-quarter earnings after the closing bell on Wall Street Wednesday, Oct. 30, 2013, surpassing Wall Street consensus analyst estimates.
Wabtec sets EVP/CFO transition
Wabtec Corp. said Sunday, Oct. 27 , 2013 Patrick D. Dugan has been named executive vice president and chief financial officer effective Jan. 1, 2014. Dugan will succeed Alvaro Garcia-Tunon,…
GATX 3Q earnings beat Street
Chicago-based GATX Corp. Thursday, Oct. 24, 2013 reported third-quarter net income of $53.8 million, or $1.15 per diluted share, compared with net income of $53.8 million, or $1.13 per diluted…
Railcar report: Orders slowing; backlog remains
The Railway Supply Institute's American Railway Car Institute (ARCI) Committee on Friday, Oct. 18, 2013, released its railcar industry order, delivery, and backlog statistics for the third quarter, with tank…
RSI/CMA 2014 set for September in Montreal
The Railway Supply Institute (RSI) and Coordinated Mechanical Associations (CMA) will hold RSI/CMA 2014 on September 21-23 in Montreal, Quebec at the Palais des congrés de Montréal (Montreal Convention Center).
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