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FAST Act on the fast track to approval
Congressional conferees on Dec. 1, 2015 reached an agreement on the Fixing America’s Surface Transportation (FAST) Act, a five-year surface transportation reauthorization bill and the first long-term bill of its…
Metalex, Unity partner up
Metalex, a Jason Company, announced on Nov. 20, 2015 a new, authorized distribution partner in Unity Railway Supply to distribute Morton Rail Products—the source for safe walking surfaces to the…
LRIW seeks nominations for board of directors
The League of Railway Industry Women (LRIW) announced Nov. 17, 2015 that it is seeking candidates to serve on the organization’s board of directors. The LRIW board represents a cross-section…
Wabtec receives $26 million order for Saudi Arabia Railway
Wabtec Corporation has received an order valued at about $26 million to provide components, including electronically controlled pneumatic (ECP) braking equipment, for 1,186 freight cars to be built for the…
RSI batting 1.000 on H.R. 3763
H.R. 3763, the Surface Transportation Reauthorization and Reform Act, the six-year transportation bill passed on Nov. 5, 2015 by the U.S. House of Representatives, included all major recommendations for which…
FreightCar America beats EPS estimates
FreightCar America, Inc. reported on Nov. 2, 2015 third-quarter 2015 earnings per share of $0.96. This is compared to an estimate of $0.88 made by KeyBanc Capital Market Inc., and…
Greenbrier sets financial records
The Greenbrier Companies, Inc. on Oct. 30, 2015 reported record financial results for its fourth fiscal quarter and full year ended Aug. 31, 2015.
Wabtec posts solid third-quarter results
Wabtec Corp. on Oct. 22, 2015 reported solid third-quarter 2015 results largely due to growth in the company’s Freight Group.
McManus joins Greenbrier in executive role
The Greenbrier Companies on Oct. 22, 2015 appointed veteran rail equipment finance executive Victoria McManus Executive Vice President and Chief Strategic Officer, a new position. McManus served as a member…
Take the guesswork out of setting hand brakes
The newly patented Hand Brake Torque Indicator (BTI) from CMN Components Inc., a nationwide railc ar parts supplier, is a torque indicating device that directly replaces traditional vertical railcar hand…
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