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Vertex Railcar manufacturing under way
Vertex Railcar Corp’s new freight car manufacturing facility in Wilmington, N.C., is being outfitted to produce 8,000 cars per year. However Vertex CEO Donald Croteau says that with the company’s…
Wabtec: Strong 2015, promising 2016
Wabtec Corporation on Feb. 18, 2016 reported record results for fourth-quarter 2015, as higher sales in the company’s Freight Group more than offset lower sales in the Transit Group, which…
Guest Editorial: It’s time for Carload Version 2.0
As the rail industry suffers through the 2015-2016 winter of its discontent, it is becoming clearer with each passing week that as an industry we are entering uncharted territory. Former…
Duos Technologies lands railcar imaging system contract
A U.S. Class I railroad has awarded Duos Technologies Group, Inc. a contract for a Vehicle Undercarriage Examiner (vue™) imaging system. The name of the railroad was not disclosed.
Rittenbaum, Tekorius ascend at Greenbrier
The Greenbrier Companies, Inc. has promoted two senior-level executives to new positions. CFO Mark J. Rittenbaum, has been promoted to the newly created position of Executive Vice President, Commercial, Leasing…
Freight car orders stay strong in 4Q15
The Railway Supply Institute on Jan. 28, 2016 published its railcar industry order, delivery and backlog statistics for fourth-quarter 2015, and overall, the sector looks solid, according to Steve Barger,…
Keybanc's Barger: Railcar builders in a relatively good place
Steve Barger of KeyBanc Capital Markets attended the Midwest Association of Rail Shippers Conference, where, in conversations with railcar OEMs, lessors and shippers, he came to the general conclusion that,…
Cando Rail Services expanding into B.C.
Brandon, Manitoba-based Cando Rail Services is expanding into British Columbia with the recent purchase of an 89-acre site in Kamloops for a new terminal. The terminal will have the capacity…
Railway Age announces winners of inaugural Fast Trackers contest
After nearly three months and 57 entries later, Railway Age editors, along with judges Nick Little, Managing Director of Michigan State University’s Railway Management Program and Ronald L. Batory, President…
Greenbrier posts record fiscal first quarter
The Greenbrier Companies, Inc. on Jan. 7, 2016 reported record financial results for its first fiscal quarter ended Nov. 30, 2015.
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