Freight Cars

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…
Fourth-quarter railcar orders, deliveries, and backlogs showed robust activity, according to the Railway Supply Institute's American Railway Car Institute Committee (ARCI) data released Thursday, Jan. 23, 2014. Tank cars, in…
Chicago-based GATX Corp. on Thursday, Jan. 23, 2014 reported fourth-quarter 2013 earnings of $53.3 million, or $1.14 per diluted share, compared with net income of $29.7 million, or 62 cents…
The Railway Supply Institute (RSI) is urging Transportation Secretary Anthony Foxx to include tank car manufacturers and other parties in any effort to improve tank car safety, particularly when related…
Saguenay, Quebec-based Entretien Ferroviaire Boivin, Inc. has joined the Association of American Railroads as a Silver Associate Member.
The Greenbrier Companies, Inc. on Wednesday, Jan. 8, 2014 reported net earnings of $16 million, or 51 cents per share, for its fiscal first-quarter 2014 ending Nov. 30, 2013, missing…
The Railway Supply Institute (RSI) is now accepting 2014-2015 school year applications for the RSI Scholarship Program, which provides a minimum of five $5,000 scholarships each year. Since 1989, RSI…
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