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Freight car forecast: Wait till 2015
In its current quarterly freight car building forecast, Economic Planning Associates, Inc., says that, except for the booming tank car market, 2013, “in spite of continued [high capital] investments by…
GATX 1Q results slip; railcar leasing is “strong”
GATX Corp. Thursday reported first-quarter net income of $27.1 million, or 57 cents per diluted share, down from $30.3 million, or 64 cents per diluted share, in the first quarter…
ARI 1Q earnings rise
American Railcar Industries late Wednesday reported first-quarter net earnings of $17.9 million for its first quarter ended March 31, up a substantial 49% from the prior-year quarter, mostly on strong…
Wabtec reports solid 1Q results
Wabtec Corp. Wednesday morning reported net income from operations of $104 million, or earnings of $1.44 per diluted share, for the first quarter of 2013, up 18% from the same…
Tank cars drive 1Q railcar market
Figures released Wednesday by the Railway Supply Institute's American Railway Car Institute (ARCI) Committee show 23,901 cars were ordered in the first quarter of 2013, while 11,952 cars were delivered,…
Railinc staff joins car-hire training at ASLRRA convention
Railinc will participate in car-hire training, including leading sessions, at the American Short Line and Regional Railroad Association (ASLRRA) 2013 annual convention in Atlanta, April 27-May 1.
Railinc issues 2012 Railcar Report
The size of the North American revenue-earning freight railcar fleet increased by 1% in 2012, but has not recovered to pre-recession population levels, according to Railinc’s annual North American Freight…
Greenbrier Cos. 2Q earnings fall, but beat Street
Lake Oswego, Ore.-based The Greenbrier Cos. Thursday reported net earnings of $13.8 million, or 45 cents per diluted share, in its second fiscal quarter ending Feb. 28, 2013. That was…
Greenbrier Cos. touts new orders for 5,400 railcars
Lake Oswego, Ore.-based The Greenbrier Companies, Inc. late Wednesday said it received new orders in January, February, and March for 5,400 railcar units valued at approximately $575 million.
TTX’s Adcock to address The New Intermodal Age
TTX Co. AVP-Marketing Frank Adcock will outline the challenges of "Managing the national equipment pool" at The New Intermodal Age Conference and Expo, to be held next week, April 2-3,…
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